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

48 PENLANDS VALE is a small detached house of 107m², built sometime between 1967 and 1975. It was last sold for £350,000 in November 2013, which was around 25% 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	£464,569	25% below HPI
1997 9 APR	£100,000	£140,268	29% 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2013 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Steyning, based on EPC data. The below chart shows the distribution of detached houses by size in Steyning, and where 48 PENLANDS VALE lies on this distribution: 29% of detached houses are smaller than 48 PENLANDS VALE, and 71% 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.