Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
15 OLD MILLMEADS is a midsized extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £625,000 in July 2023, which was around 7% below the average July 2023 detached price in the Horsham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 15 OLD MILLMEADS since 1st 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 OLD MILLMEADS 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 |
---|---|---|---|
2023 28 JUL | £625,000 | £673,021 | 7% below HPI |
2016 5 OCT | £495,000 | £585,412 | 15% below HPI |
1996 29 JUL | £108,000 | £128,870 | 16% below HPI |
The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The three 15 OLD MILLMEADS sales between July 1996 and July 2023 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 October 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
15 OLD MILLMEADS is 130m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where 15 OLD MILLMEADS lies on this distribution: 57% of detached houses are smaller than 15 OLD MILLMEADS, and 42% of houses are larger. Note that EPC data is not available for all properties in Horsham.
15 OLD MILLMEADS sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 15 OLD MILLMEADS, 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 OLD MILLMEADS). 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.
15 OLD MILLMEADS is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 15 on OLD MILLMEADS.