14, BAILEY CLOSE, HORSHAM, RH12 5QR - £425,000

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.

14 BAILEY CLOSE is a very small semi-detached house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £512,099. It was last sold for £425,000 in August 2018, which was around 10% above the average August 2018 semi-detached price in the Horsham local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

14 BAILEY CLOSE Sold Prices

Land registry data shows four sales for 14 BAILEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Horsham local authority area for the corresponding sale date. Most of the four 14 BAILEY CLOSE sales were for above 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 30 AUG	£425,000	£386,306	10% above HPI
2003 14 FEB	£205,950	£203,488	1% above HPI
1999 4 NOV	£138,000	£124,835	11% above HPI
1995 21 JUL	£11,875	£78,209	85% below HPI

14 BAILEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Horsham local authority area over time, sourced from the HPI. The four 14 BAILEY CLOSE sales between July 1995 and August 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 February 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 14 BAILEY CLOSE be worth now?

14 BAILEY CLOSE might now be worth an estimated £512,099.

This is based on house price inflation of 20.5%, between August 2018 and March 2025, for semi-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 20.5% inflationary increase is applied to the most recent sale price for 14 BAILEY CLOSE of £425,000 on 30th August 2018. For the value to have increased from £425,000 to £512,099 over the seven years and five months to March 2025, the following assumptions must hold true:

• The value of 14 BAILEY CLOSE has moved in line with the HPI for semi-detached houses in the Horsham local authority area.
• The August 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 14 BAILEY CLOSE has not materially changed since August 2018.

How Large is 14 BAILEY CLOSE?

14 BAILEY CLOSE is 83m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of semi-detached houses houses in Horsham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horsham, and where 14 BAILEY CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 14 BAILEY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Horsham.

14 BAILEY CLOSE: Plot and Title Map

14 BAILEY CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 14 BAILEY 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 14 BAILEY 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 14 BAILEY CLOSE?

14 BAILEY CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 14 on BAILEY CLOSE.