SOUTHEASE, BLACKBRIDGE LANE, HORSHAM, RH12 1SD - £475,000

SOUTHEASE is a small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £475,000 in July 2017, which was around 21% below the average July 2017 detached price in the Horsham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

SOUTHEASE Sold Prices

Land registry data shows three sales for SOUTHEASE 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 SOUTHEASE 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
2017 6 JUL	£475,000	£598,054	21% below HPI
2003 23 JUL	£212,000	£337,923	37% below HPI
1999 8 DEC	£66,960	£207,297	68% below HPI

SOUTHEASE 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 SOUTHEASE sales between December 1999 and July 2017 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 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is SOUTHEASE?

SOUTHEASE is 100m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where SOUTHEASE lies on this distribution: 27% of detached houses are smaller than SOUTHEASE, and 72% of houses are larger. Note that EPC data is not available for all properties in Horsham.

SOUTHEASE: Plot and Title Map

SOUTHEASE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of SOUTHEASE, 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 SOUTHEASE). 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 SOUTHEASE?

SOUTHEASE is located on BLACKBRIDGE LANE in HORSHAM, in the RH12 postcode district. The below map shows the position of SOUTHEASE on BLACKBRIDGE LANE.