SOUTHWAYS, NEP TOWN ROAD, HENFIELD, BN5 9DU - £495,000

SOUTHWAYS is a small detached house of 114m², built sometime between 1930 and 1949. It was last sold for £495,000 in November 2013, which was around 7% above the average November 2013 detached price in the Horsham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

SOUTHWAYS Sold Prices

Land registry data shows three sales for SOUTHWAYS 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. Two of the three SOUTHWAYS sales were for above the average price, whilst one was 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
2013 22 NOV	£495,000	£464,569	7% above HPI
2006 13 SEP	£480,000	£391,248	23% above HPI
2000 19 MAY	£230,000	£233,729	2% below HPI

SOUTHWAYS 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 SOUTHWAYS sales between May 2000 and November 2013 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 September 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2013 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is SOUTHWAYS?

SOUTHWAYS is 114m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 40% of detached houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses by size in Henfield, and where SOUTHWAYS lies on this distribution: 38% of detached houses are smaller than SOUTHWAYS, and 62% of houses are larger. Note that EPC data is not available for all properties in Henfield.

SOUTHWAYS: Plot and Title Map

SOUTHWAYS sits on a plot of roughly 0.247 of an acre, or 1,002m². The below map shows the location of SOUTHWAYS, 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 SOUTHWAYS). 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 SOUTHWAYS?

SOUTHWAYS is located on NEP TOWN ROAD in HENFIELD, in the BN5 postcode district. The below map shows the position of SOUTHWAYS on NEP TOWN ROAD.