7, CEDAR DRIVE, SOUTHWATER, HORSHAM, RH13 9UF - £575,000

7 CEDAR DRIVE is a small extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £575,000 in December 2023, which was around 15% below the average December 2023 detached price in the Horsham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

7 CEDAR DRIVE Sold Prices

Land registry data shows three sales for 7 CEDAR DRIVE 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. All of the three 7 CEDAR DRIVE 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 18 DEC	£575,000	£673,959	15% below HPI
1998 24 JUL	£154,000	£173,364	11% below HPI
1995 7 APR	£114,500	£132,668	14% below HPI

7 CEDAR DRIVE 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 7 CEDAR DRIVE sales between April 1995 and December 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 July 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 CEDAR DRIVE?

7 CEDAR DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where 7 CEDAR DRIVE lies on this distribution: 35% of detached houses are smaller than 7 CEDAR DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Southwater.

7 CEDAR DRIVE: Plot and Title Map

7 CEDAR DRIVE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 7 CEDAR DRIVE, 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 7 CEDAR DRIVE). 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 7 CEDAR DRIVE?

7 CEDAR DRIVE is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 7 on CEDAR DRIVE.