12, PARK ROAD, HENFIELD, BN5 9DS - £725,000

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 PARK ROAD is a very small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £725,000 in November 2021, which was around 10% above the average November 2021 detached price in the Horsham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

12 PARK ROAD Sold Prices

Land registry data shows four sales for 12 PARK ROAD 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. two of the four 12 PARK ROAD sales were for above the average price, and four 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
2021 29 NOV	£725,000	£661,522	10% above HPI
2002 16 AUG	£294,500	£302,114	3% below HPI
1999 2 JUN	£189,000	£184,578	2% above HPI
1995 2 MAR	£79,750	£131,003	39% below HPI

12 PARK 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 four 12 PARK ROAD sales between March 1995 and November 2021 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 August 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 12 PARK ROAD?

12 PARK ROAD is 95m² according to the EPC inspection conducted in July 2020. 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 PARK ROAD lies on this distribution: 18% of detached houses are smaller than 12 PARK ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Henfield.

12 PARK ROAD: Plot and Title Map

12 PARK ROAD sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 12 PARK 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 12 PARK 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 12 PARK ROAD?

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