4, PENLANDS RISE, STEYNING, BN44 3PJ - £452,500

4 PENLANDS RISE is a midsized detached house of 118m², built sometime between 1967 and 1975. It was last sold for £452,500 in June 2014, which was around 8% below the average June 2014 detached price in the Horsham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

4 PENLANDS RISE Sold Prices

Land registry data shows three sales for 4 PENLANDS RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. Two of the three 4 PENLANDS RISE sales were for below the average price, whilst one was for above 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
2014 27 JUN	£452,500	£491,271	8% below HPI
2002 12 JUN	£280,000	£278,379	1% above HPI
1997 17 APR	£127,500	£140,268	9% below HPI

4 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 three 4 PENLANDS RISE sales between April 1997 and June 2014 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 June 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 4 PENLANDS RISE?

4 PENLANDS RISE is 118m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 50% of detached houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses by size in Steyning, and where 4 PENLANDS RISE lies on this distribution: 44% of detached houses are smaller than 4 PENLANDS RISE, and 55% of houses are larger. Note that EPC data is not available for all properties in Steyning.

4 PENLANDS RISE: Plot and Title Map

4 PENLANDS RISE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 4 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 4 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 4 PENLANDS RISE?

4 PENLANDS RISE is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 4 on PENLANDS RISE.