48, PENLANDS VALE, STEYNING, BN44 3PL - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 PENLANDS VALE is a small detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £530,349. It was last sold for £350,000 in November 2013, which was around 30% below the average November 2013 detached price in the Horsham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

48 PENLANDS VALE Sold Prices

Land registry data shows two sales for 48 PENLANDS VALE 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 48 PENLANDS VALE 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
2013 29 NOV	£350,000	£503,199	30% below HPI
1997 9 APR	£100,000	£151,932	34% below HPI

48 PENLANDS VALE 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 48 PENLANDS VALE sales from April 1997 and November 2013 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 April 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2013 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 48 PENLANDS VALE be worth now?

48 PENLANDS VALE might now be worth an estimated £530,349.

This is based on house price inflation of 51.5%, between November 2013 and March 2025, for detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.5% inflationary increase is applied to the most recent sale price for 48 PENLANDS VALE of £350,000 on 29th November 2013. For the value to have increased from £350,000 to £530,349 over the twelve years and eight months to March 2025, the following assumptions must hold true:

• The value of 48 PENLANDS VALE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The November 2013 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 48 PENLANDS VALE has not materially changed since November 2013.

How Large is 48 PENLANDS VALE?

48 PENLANDS VALE is 107m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Steyning, and where 48 PENLANDS VALE lies on this distribution: 28% of detached houses houses are smaller than 48 PENLANDS VALE, and 72% of houses are larger. Note that EPC data is not available for all properties in Steyning.

48 PENLANDS VALE: Plot and Title Map

48 PENLANDS VALE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 48 PENLANDS VALE, 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 48 PENLANDS VALE). 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 48 PENLANDS VALE?

48 PENLANDS VALE is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 48 on PENLANDS VALE.