8, THE GABLES, SOUTHWATER, HORSHAM, RH13 9BW - £380,000

8 THE GABLES is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £380,000 in August 2016, which was around 35% below the average August 2016 detached price in the Horsham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

8 THE GABLES Sold Prices

Land registry data shows four sales for 8 THE GABLES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four 8 THE GABLES 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
2016 26 AUG	£380,000	£586,822	35% below HPI
2005 21 OCT	£246,500	£361,672	32% below HPI
2001 7 DEC	£225,000	£279,202	19% below HPI
1996 12 JUL	£75,950	£128,870	41% below HPI

8 THE GABLES 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 four 8 THE GABLES sales between July 1996 and August 2016 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 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 8 THE GABLES?

8 THE GABLES is 75m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where 8 THE GABLES lies on this distribution: 6% of detached houses are smaller than 8 THE GABLES, and 94% of houses are larger. Note that EPC data is not available for all properties in Southwater.

8 THE GABLES: Plot and Title Map

8 THE GABLES sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 8 THE GABLES, 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 THE GABLES). 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 THE GABLES?

8 THE GABLES is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 8 on THE GABLES.