62, PENLANDS VALE, STEYNING, BN44 3PL - £530,000

62 PENLANDS VALE is a small extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £530,000 in March 2023, which was around 30% below the average March 2023 detached price in the Horsham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

62 PENLANDS VALE Sold Prices

Land registry data shows seven sales for 62 PENLANDS VALE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the seven 62 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
2023 24 MAR	£530,000	£762,259	30% below HPI
2020 26 OCT	£460,000	£617,084	25% below HPI
2016 22 JUL	£412,000	£574,498	28% below HPI
2007 12 APR	£127,534	£406,967	69% below HPI
2003 28 NOV	£277,000	£340,297	19% below HPI
1997 5 DEC	£129,950	£164,435	21% below HPI
1995 29 SEP	£108,000	£126,194	14% below HPI

62 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 seven 62 PENLANDS VALE sales between September 1995 and March 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 October 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 62 PENLANDS VALE?

62 PENLANDS VALE is 101m², which includes one extension, according to the EPC inspection conducted in May 2019. 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 62 PENLANDS VALE lies on this distribution: 23% of detached houses are smaller than 62 PENLANDS VALE, and 76% of houses are larger. Note that EPC data is not available for all properties in Steyning.

62 PENLANDS VALE: Plot and Title Map

62 PENLANDS VALE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 62 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 62 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 62 PENLANDS VALE?

62 PENLANDS VALE is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 62 on PENLANDS VALE.