HOMEWOOD, WATER LANE, STORRINGTON, PULBOROUGH, RH20 3LY - £660,000

HOMEWOOD is a very small detached house of 91m², built sometime between 1930 and 1949. It was last sold for £660,000 in June 2021, which was around 9% above the average June 2021 detached price in the Horsham local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

HOMEWOOD Sold Prices

Land registry data shows four sales for HOMEWOOD 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. two of the four HOMEWOOD sales were for above the average price, and four 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 16 JUN	£660,000	£607,307	9% above HPI
2003 26 NOV	£350,000	£340,297	3% above HPI
1995 31 AUG	£122,500	£126,956	4% below HPI
1995 30 MAR	£110,000	£131,003	16% below HPI

HOMEWOOD 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 HOMEWOOD sales between March 1995 and June 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 November 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is HOMEWOOD?

HOMEWOOD is 91m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses in Storrington, based on EPC data. The below chart shows the distribution of detached houses by size in Storrington, and where HOMEWOOD lies on this distribution: 12% of detached houses are smaller than HOMEWOOD, and 88% of houses are larger. Note that EPC data is not available for all properties in Storrington.

HOMEWOOD: Plot and Title Map

HOMEWOOD sits on a plot of roughly 0.391 of an acre, or 1,583m². The below map shows the location of HOMEWOOD, 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 HOMEWOOD). 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 HOMEWOOD?

HOMEWOOD is located on WATER LANE in STORRINGTON, in the RH20 postcode district. The below map shows the position of HOMEWOOD on WATER LANE.