12, THE MARTS, RUDGWICK, HORSHAM, RH12 3HH - £420,000

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 THE MARTS is a midsized extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £420,000 in February 2021, which was around 30% below the average February 2021 detached price in the Horsham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

12 THE MARTS Sold Prices

Land registry data shows two sales for 12 THE MARTS 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 THE MARTS 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
2021 5 FEB	£420,000	£603,436	30% below HPI
1997 25 APR	£96,500	£140,268	31% below HPI

12 THE MARTS 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 THE MARTS sales from April 1997 and February 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 April 1997 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 12 THE MARTS?

12 THE MARTS is 131m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% of detached houses in Rudgwick, based on EPC data. The below chart shows the distribution of detached houses by size in Rudgwick, and where 12 THE MARTS lies on this distribution: 51% of detached houses are smaller than 12 THE MARTS, and 47% of houses are larger. Note that EPC data is not available for all properties in Rudgwick.

12 THE MARTS: Plot and Title Map

12 THE MARTS sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 12 THE MARTS, 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 THE MARTS). 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 THE MARTS?

12 THE MARTS is located in RUDGWICK, in the RH12 postcode district. The below map shows the position of No. 12 on THE MARTS.