18, LANYON CLOSE, HORSHAM, RH12 5JP - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 LANYON CLOSE is a very small semi-detached house of 41m², built sometime between 1991 and 1995, which could now be worth an estimated £299,916. It was last sold for £250,000 in February 2019, which was around 36% below the average February 2019 semi-detached price in the Horsham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

18 LANYON CLOSE Sold Prices

Land registry data shows five sales for 18 LANYON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Horsham local authority area for the corresponding sale date. All of the five 18 LANYON 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
2019 22 FEB	£250,000	£388,005	36% below HPI
2017 24 NOV	£240,000	£391,400	39% below HPI
2012 27 NOV	£174,000	£277,435	37% below HPI
2002 18 FEB	£108,750	£169,749	36% below HPI
1997 7 AUG	£59,995	£92,138	35% below HPI

18 LANYON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Horsham local authority area over time, sourced from the HPI. The five 18 LANYON CLOSE sales between August 1997 and February 2019 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 November 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2019 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 18 LANYON CLOSE be worth now?

18 LANYON CLOSE might now be worth an estimated £299,916.

This is based on house price inflation of 20%, between February 2019 and March 2025, for semi-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 20% inflationary increase is applied to the most recent sale price for 18 LANYON CLOSE of £250,000 on 22nd February 2019. For the value to have increased from £250,000 to £299,916 over the five years and eleven months to March 2025, the following assumptions must hold true:

• The value of 18 LANYON CLOSE has moved in line with the HPI for semi-detached houses in the Horsham local authority area.
• The February 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LANYON CLOSE has not materially changed since February 2019.

How Large is 18 LANYON CLOSE?

18 LANYON CLOSE is 41m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of semi-detached houses houses in Horsham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horsham, and where 18 LANYON CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 18 LANYON CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Horsham.

18 LANYON CLOSE: Plot and Title Map

18 LANYON CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 18 LANYON 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 18 LANYON 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 18 LANYON CLOSE?

18 LANYON CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 18 on LANYON CLOSE.