48, THE SPINNEY, PULBOROUGH, RH20 2AR - £305,000

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 THE SPINNEY is a very small extended terraced house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £363,962. It was last sold for £305,000 in April 2021, which was around 3% below the average April 2021 terraced price in the Horsham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was B.

48 THE SPINNEY Sold Prices

Land registry data shows two sales for 48 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Horsham local authority area for the corresponding sale date. Both of the two 48 THE SPINNEY 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
2021 29 APR	£305,000	£314,640	3% below HPI
2018 24 AUG	£278,750	£311,384	10% below HPI

48 THE SPINNEY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Horsham local authority area over time, sourced from the HPI. The two 48 THE SPINNEY sales from August 2018 and April 2021 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 August 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 48 THE SPINNEY be worth now?

48 THE SPINNEY might now be worth an estimated £363,962.

This is based on house price inflation of 19.3%, between April 2021 and June 2025, for terraced 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 19.3% inflationary increase is applied to the most recent sale price for 48 THE SPINNEY of £305,000 on 29th April 2021. For the value to have increased from £305,000 to £363,962 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 48 THE SPINNEY has moved in line with the HPI for terraced houses in the Horsham local authority area.
• The April 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 48 THE SPINNEY has not materially changed since April 2021.

How Large is 48 THE SPINNEY?

48 THE SPINNEY is 81m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of terraced houses houses in Pulborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Pulborough, and where 48 THE SPINNEY lies on this distribution: 12% of terraced houses houses are smaller than 48 THE SPINNEY, and 87% of houses are larger. Note that EPC data is not available for all properties in Pulborough.

48 THE SPINNEY: Plot and Title Map

48 THE SPINNEY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 48 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

48 THE SPINNEY is located in PULBOROUGH, in the RH20 postcode district. The below map shows the position of No. 48 on THE SPINNEY.