12, CEDAR CLOSE, HORSHAM, RH12 2BN - £560,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 CEDAR CLOSE is a midsized detached house of 121m², built sometime between 1967 and 1975. It was last sold for £560,000 in September 2016, which was around 12% below the average September 2016 detached price in the Horsham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

12 CEDAR CLOSE Sold Prices

Land registry data shows two sales for 12 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. Both of the two 12 CEDAR CLOSE 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 16 SEP	£560,000	£635,914	12% below HPI
2016 11 MAR	£460,000	£614,340	25% below HPI

12 CEDAR CLOSE 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 two 12 CEDAR CLOSE sales from March 2016 and September 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 March 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 12 CEDAR CLOSE be worth now?

12 CEDAR CLOSE might now be worth an estimated £646,681.

This is based on house price inflation of 15.5%, between September 2016 and December 2024, 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 15.5% inflationary increase is applied to the most recent sale price for 12 CEDAR CLOSE of £560,000 on 16th September 2016. For the value to have increased from £560,000 to £646,681 over the seven years and nine months to December 2024, the following assumptions must hold true:

• The value of 12 CEDAR CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The September 2016 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CEDAR CLOSE has not materially changed since September 2016.

How Large is 12 CEDAR CLOSE?

12 CEDAR CLOSE is 121m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horsham, and where 12 CEDAR CLOSE lies on this distribution: 48% of detached houses houses are smaller than 12 CEDAR CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Horsham.

12 CEDAR CLOSE: Plot and Title Map

12 CEDAR CLOSE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 12 CEDAR CLOSE, 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 12 CEDAR CLOSE). 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 12 CEDAR CLOSE?

12 CEDAR CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 12 on CEDAR CLOSE.