31, PENLANDS RISE, STEYNING, BN44 3PJ - £675,000

31 PENLANDS RISE is a large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £675,000 in January 2023, which was around 9% below the average January 2023 detached price in the Horsham local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

31 PENLANDS RISE Sold Prices

Land registry data shows two sales for 31 PENLANDS RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. Both of the two 31 PENLANDS RISE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 10 JAN	£675,000	£743,949	9% below HPI
2018 2 FEB	£560,000	£603,998	7% below HPI

31 PENLANDS RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The two 31 PENLANDS RISE sales from February 2018 and January 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 31 PENLANDS RISE?

31 PENLANDS RISE is 136m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of detached houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses by size in Steyning, and where 31 PENLANDS RISE lies on this distribution: 62% of detached houses are smaller than 31 PENLANDS RISE, and 37% of houses are larger. Note that EPC data is not available for all properties in Steyning.

31 PENLANDS RISE: Plot and Title Map

31 PENLANDS RISE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 31 PENLANDS RISE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 31 PENLANDS RISE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 31 PENLANDS RISE?

31 PENLANDS RISE is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 31 on PENLANDS RISE.