116, PARSONAGE ROAD, HENFIELD, BN5 9HZ - £492,000

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.

116 PARSONAGE ROAD is a very large detached house of 187m², built sometime between 1983 and 1990, which could now be worth an estimated £565,641. It was last sold for £492,000 in May 2018, which was around 25% below the average May 2018 detached price in the Horsham local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

116 PARSONAGE ROAD Sold Prices

Land registry data shows three sales for 116 PARSONAGE ROAD 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 116 PARSONAGE ROAD 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
2018 31 MAY	£492,000	£652,745	25% below HPI
2006 5 APR	£335,000	£396,182	15% below HPI
2000 4 MAY	£235,000	£253,164	7% below HPI

116 PARSONAGE ROAD 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 116 PARSONAGE ROAD sales between May 2000 and May 2018 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 April 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 116 PARSONAGE ROAD be worth now?

116 PARSONAGE ROAD might now be worth an estimated £565,641.

This is based on house price inflation of 15%, between May 2018 and February 2025, for 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 15% inflationary increase is applied to the most recent sale price for 116 PARSONAGE ROAD of £492,000 on 31st May 2018. For the value to have increased from £492,000 to £565,641 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 116 PARSONAGE ROAD has moved in line with the HPI for detached houses in the Horsham local authority area.
• The May 2018 sale price of £492,000 represented a fair market value for the property.
• The size, condition, and specification of 116 PARSONAGE ROAD has not materially changed since May 2018.

How Large is 116 PARSONAGE ROAD?

116 PARSONAGE ROAD is 187m² according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Henfield, and where 116 PARSONAGE ROAD lies on this distribution: 86% of detached houses houses are smaller than 116 PARSONAGE ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Henfield.

116 PARSONAGE ROAD: Plot and Title Map

116 PARSONAGE ROAD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 116 PARSONAGE ROAD, 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 116 PARSONAGE ROAD). 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 116 PARSONAGE ROAD?

116 PARSONAGE ROAD is located in HENFIELD, in the BN5 postcode district. The below map shows the position of No. 116 on PARSONAGE ROAD.