18, THE GABLES, WIMBLEHURST ROAD, HORSHAM, RH12 2EE - £212,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 THE GABLES is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £212,000 in May 2011, which was around 51% below the average May 2011 detached price in the Horsham local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

18 THE GABLES Sold Prices

Land registry data shows three sales for 18 THE GABLES 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 18 THE GABLES 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
2011 31 MAY	£212,000	£436,537	51% below HPI
2006 3 NOV	£175,000	£392,815	55% below HPI
2001 6 MAR	£107,500	£245,627	56% below HPI

18 THE GABLES 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 18 THE GABLES sales between March 2001 and May 2011 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 2006 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the May 2011 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 18 THE GABLES?

18 THE GABLES is 60m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where 18 THE GABLES lies on this distribution: 1% of detached houses are smaller than 18 THE GABLES, and 99% of houses are larger. Note that EPC data is not available for all properties in Horsham.

18 THE GABLES: Plot and Title Map

18 THE GABLES sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 18 THE GABLES, 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 THE GABLES). 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 THE GABLES?

18 THE GABLES is located on WIMBLEHURST ROAD in HORSHAM, in the RH12 postcode district. The below map shows the position of 18 THE GABLES on WIMBLEHURST ROAD.