8, JUBILEE WAY, STORRINGTON, PULBOROUGH, RH20 3NZ - £307,000

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.

8 JUBILEE WAY is a very small extended terraced house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £376,023. It was last sold for £307,000 in March 2019, which was about the average March 2019 terraced price in the Horsham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

8 JUBILEE WAY Sold Prices

Land registry data shows three sales for 8 JUBILEE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Horsham local authority area for the corresponding sale date. The three 8 JUBILEE WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2019 14 MAR	£307,000	£306,545	Close to HPI
2014 28 MAR	£220,000	£252,090	13% below HPI
1997 31 JUL	£75,000	£73,728	2% above HPI

8 JUBILEE WAY 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 three 8 JUBILEE WAY sales between July 1997 and March 2019 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 March 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 JUBILEE WAY be worth now?

8 JUBILEE WAY might now be worth an estimated £376,023.

This is based on house price inflation of 22.5%, between March 2019 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 22.5% inflationary increase is applied to the most recent sale price for 8 JUBILEE WAY of £307,000 on 14th March 2019. For the value to have increased from £307,000 to £376,023 over the five years and nine months to June 2025, the following assumptions must hold true:

• The value of 8 JUBILEE WAY has moved in line with the HPI for terraced houses in the Horsham local authority area.
• The March 2019 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 8 JUBILEE WAY has not materially changed since March 2019.

How Large is 8 JUBILEE WAY?

8 JUBILEE WAY is 88m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of terraced houses houses in Storrington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Storrington, and where 8 JUBILEE WAY lies on this distribution: 9% of terraced houses houses are smaller than 8 JUBILEE WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Storrington.

8 JUBILEE WAY: Plot and Title Map

8 JUBILEE WAY sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 8 JUBILEE WAY, 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 8 JUBILEE WAY). 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 8 JUBILEE WAY?

8 JUBILEE WAY is located in STORRINGTON, in the RH20 postcode district. The below map shows the position of No. 8 on JUBILEE WAY.