15, MIMMACK CLOSE, STEYNING, BN44 3SH - £355,000

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

15 MIMMACK CLOSE is a very small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £461,437. It was last sold for £355,000 in May 2015, which was around 37% below the average May 2015 detached price in the Horsham local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

15 MIMMACK CLOSE Sold Prices

Land registry data shows three sales for 15 MIMMACK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the three 15 MIMMACK 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
2015 27 MAY	£355,000	£564,959	37% below HPI
2006 8 JUN	£275,000	£404,694	32% below HPI
2000 24 AUG	£149,950	£254,013	41% below HPI

15 MIMMACK 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 three 15 MIMMACK CLOSE sales between August 2000 and May 2015 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 June 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 15 MIMMACK CLOSE be worth now?

15 MIMMACK CLOSE might now be worth an estimated £461,437.

This is based on house price inflation of 30%, between May 2015 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 30% inflationary increase is applied to the most recent sale price for 15 MIMMACK CLOSE of £355,000 on 27th May 2015. For the value to have increased from £355,000 to £461,437 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 15 MIMMACK CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The May 2015 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MIMMACK CLOSE has not materially changed since May 2015.

How Large is 15 MIMMACK CLOSE?

15 MIMMACK CLOSE is 88m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Steyning, and where 15 MIMMACK CLOSE lies on this distribution: 14% of detached houses houses are smaller than 15 MIMMACK CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Steyning.

15 MIMMACK CLOSE: Plot and Title Map

15 MIMMACK CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 15 MIMMACK 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 15 MIMMACK 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 15 MIMMACK CLOSE?

15 MIMMACK CLOSE is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 15 on MIMMACK CLOSE.