12, FARM CLOSE, HENFIELD, BN5 9JE - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 FARM CLOSE is a very small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £475,000 in September 2018, which was around 24% below the average September 2018 detached price in the Horsham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was C.

12 FARM CLOSE Sold Prices

Land registry data shows four sales for 12 FARM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four 12 FARM 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
2018 6 SEP	£475,000	£624,476	24% below HPI
2016 6 MAY	£338,000	£560,986	40% below HPI
2003 30 OCT	£245,000	£342,901	29% below HPI
1996 23 JUL	£93,500	£128,870	27% below HPI

12 FARM 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 four 12 FARM CLOSE sales between July 1996 and September 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 May 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 12 FARM CLOSE?

12 FARM CLOSE is 92m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses by size in Henfield, and where 12 FARM CLOSE lies on this distribution: 16% of detached houses are smaller than 12 FARM CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Henfield.

12 FARM CLOSE: Plot and Title Map

12 FARM CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 12 FARM 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 FARM 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 FARM CLOSE?

12 FARM CLOSE is located in HENFIELD, in the BN5 postcode district. The below map shows the position of No. 12 on FARM CLOSE.