16, TERN AVENUE, HORSHAM, RH12 5AT - £550,000

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

16 TERN AVENUE is a very small detached house of 85m². It was last sold for £550,000 in July 2023, which was around 18% below the average July 2023 detached price in the Horsham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

16 TERN AVENUE Sold Prices

Land registry data shows two sales for 16 TERN AVENUE 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 TERN AVENUE 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 31 JUL	£550,000	£673,021	18% below HPI
2019 20 DEC	£445,000	£614,334	28% below HPI

16 TERN AVENUE 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 TERN AVENUE sales from December 2019 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 December 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 TERN AVENUE?

16 TERN AVENUE is 85m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where 16 TERN AVENUE lies on this distribution: 13% of detached houses are smaller than 16 TERN AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Horsham.

16 TERN AVENUE: Plot and Title Map

16 TERN AVENUE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 16 TERN AVENUE, 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 TERN AVENUE). 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 TERN AVENUE?

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