1, MORLEYS COTTAGES, BRIGHTON ROAD, SHERMANBURY, HORSHAM, RH13 8HQ - £273,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MORLEYS COTTAGES is a very small semi-detached house of 65m², built sometime between 1900 and 1929, which could now be worth an estimated £344,375. It was last sold for £273,000 in May 2016, which was around 24% below the average May 2016 semi-detached price in the Horsham local authority area. The most recent EPC inspection was February 2009, where the current energy rating was G, and the potential energy rating was F.

1 MORLEYS COTTAGES Sold Prices

Land registry data shows two sales for 1 MORLEYS COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Horsham local authority area for the corresponding sale date. Both of the two 1 MORLEYS COTTAGES 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 25 MAY	£273,000	£359,719	24% below HPI
2014 7 MAY	£178,000	£311,549	43% below HPI

1 MORLEYS COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Horsham local authority area over time, sourced from the HPI. The two 1 MORLEYS COTTAGES sales from May 2014 and May 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 May 2014 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 1 MORLEYS COTTAGES be worth now?

1 MORLEYS COTTAGES might now be worth an estimated £344,375.

This is based on house price inflation of 26.1%, between May 2016 and February 2025, for semi-detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.1% inflationary increase is applied to the most recent sale price for 1 MORLEYS COTTAGES of £273,000 on 25th May 2016. For the value to have increased from £273,000 to £344,375 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 1 MORLEYS COTTAGES has moved in line with the HPI for semi-detached houses in the Horsham local authority area.
• The May 2016 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MORLEYS COTTAGES has not materially changed since May 2016.

How Large is 1 MORLEYS COTTAGES?

1 MORLEYS COTTAGES is 65m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of semi-detached houses houses in Shermanbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shermanbury, and where 1 MORLEYS COTTAGES lies on this distribution: 4% of semi-detached houses houses are smaller than 1 MORLEYS COTTAGES, and 96% of houses are larger. Note that EPC data is not available for all properties in Shermanbury.

1 MORLEYS COTTAGES: Plot and Title Map

1 MORLEYS COTTAGES sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 MORLEYS COTTAGES, 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 1 MORLEYS COTTAGES). 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 1 MORLEYS COTTAGES?

1 MORLEYS COTTAGES is located on BRIGHTON ROAD in SHERMANBURY, in the RH13 postcode district. The below map shows the position of 1 MORLEYS COTTAGES on BRIGHTON ROAD.