16, MALLOW CLOSE, HORSHAM, RH12 5GA - £475,000

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

16 MALLOW CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £525,730. It was last sold for £475,000 in December 2020, which was around 28% below the average December 2020 detached price in the Horsham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

16 MALLOW CLOSE Sold Prices

Land registry data shows three sales for 16 MALLOW 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 16 MALLOW 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
2020 18 DEC	£475,000	£663,486	28% below HPI
2006 13 SEP	£320,000	£423,780	24% below HPI
1999 1 NOV	£145,000	£223,958	35% below HPI

16 MALLOW 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 16 MALLOW CLOSE sales between November 1999 and December 2020 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 September 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 16 MALLOW CLOSE be worth now?

16 MALLOW CLOSE might now be worth an estimated £525,730.

This is based on house price inflation of 10.7%, between December 2020 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 10.7% inflationary increase is applied to the most recent sale price for 16 MALLOW CLOSE of £475,000 on 18th December 2020. For the value to have increased from £475,000 to £525,730 over the four years to December 2024, the following assumptions must hold true:

• The value of 16 MALLOW CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The December 2020 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MALLOW CLOSE has not materially changed since December 2020.

How Large is 16 MALLOW CLOSE?

16 MALLOW CLOSE is 96m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of detached houses houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horsham, and where 16 MALLOW CLOSE lies on this distribution: 23% of detached houses houses are smaller than 16 MALLOW CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Horsham.

16 MALLOW CLOSE: Plot and Title Map

16 MALLOW CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 16 MALLOW 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 16 MALLOW 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 16 MALLOW CLOSE?

16 MALLOW CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 16 on MALLOW CLOSE.