According to the public record, Lantern House, Billingshurst is a mid-century freehold house with 1,550 ft2 of internal area and sits on a 921 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Two Ways, Loxwood, Billingshurst, RH14 is located in the borough of Chichester within the RH14 postal district.
Lantern House, Billingshurst has 41 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Lantern House Billingshurst as £672,529 and the rental value as £2,053 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of Lantern House Billingshurst has increased by £5,150 (0.8%) and its rental value has increased by £68 per month (3.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Lantern House, Billingshurst is in very good condition we estimate a sale value of £706,156 and rental value of £2,156 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £625,452 and a rental value of £1,909 per month.
If you were able to purchase this property for the estimated value of £672,529, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,305 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, Lantern House, Billingshurst sits on a plot of 921m2.
According to HM Land Registry, Lantern House, Billingshurst was last sold on 05 Jul 2019 for £540,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jul 2019, the market for similar properties has risen 20.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lantern House, Billingshurst within a radius of 3.8 kilometres over the last 2 years.
The most recent example is 12, Farm Close, Billingshurst, RH14 0SU, a Freehold house which sold for £730,000 in Aug 2022.
Read more about house prices in RH14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Two Ways, Loxwood, Billingshurst, RH14 has a total of 2 addresses. According to our analysis of all the public data, Lantern House, Billingshurst is the largest and the most expensive property on the street.
When compared to the postcode district it is £116k more expensive than the average property in RH14.
Lantern House, Billingshurst has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Lantern House, Billingshurst is Billingshurst station which is 8.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Lantern House, Billingshurst, 35.6% of property is privately owned outright and 35.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Lantern House, Billingshurst, 19.3% of residents are recorded as possessing school level qualifications and 30.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Lantern House, Billingshurst, the average age was 46.3 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Lantern House, Billingshurst, 0.5% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Lantern House, Billingshurst, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.