16, SMITHBARN, HORSHAM, RH13 6EB - £970,000

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 SMITHBARN is a very large extended detached house of 188m², built sometime between 1967 and 1975. It was last sold for £970,000 in March 2023, which was around 27% above the average March 2023 detached price in the Horsham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

16 SMITHBARN Sold Prices

Land registry data shows two sales for 16 SMITHBARN 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 16 SMITHBARN 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
2023 31 MAR	£970,000	£766,698	27% above HPI
2012 19 OCT	£530,000	£478,577	11% above HPI

16 SMITHBARN 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 16 SMITHBARN sales from October 2012 and March 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 2012 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2023 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 16 SMITHBARN be worth now?

16 SMITHBARN might now be worth an estimated £929,069.

This is based on house price deflation of 4.2%, between March 2023 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 4.2% deflationary decrease is applied to the most recent sale price for 16 SMITHBARN of £970,000 on 31st March 2023. For the value to have decreased from £970,000 to £929,069 over the three months to December 2024, the following assumptions must hold true:

• The value of 16 SMITHBARN has moved in line with the HPI for detached houses in the Horsham local authority area.
• The March 2023 sale price of £970,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SMITHBARN has not materially changed since March 2023.

How Large is 16 SMITHBARN?

16 SMITHBARN is 188m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% 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 SMITHBARN lies on this distribution: 88% of detached houses houses are smaller than 16 SMITHBARN, and 11% of houses are larger. Note that EPC data is not available for all properties in Horsham.

16 SMITHBARN: Plot and Title Map

16 SMITHBARN sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of 16 SMITHBARN, 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 SMITHBARN). 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 SMITHBARN?

16 SMITHBARN is located in HORSHAM, in the RH13 postcode district. The below map shows the position of No. 16 on SMITHBARN.