2, DEREHAM WAY, HORSHAM, RH12 1GQ - £780,000

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

2 DEREHAM WAY is a large detached house of 148m², built in 2022, which could now be worth an estimated £779,700. It was last sold for £780,000 in November 2024, which was around 6% above the average November 2024 detached price in the Horsham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was A.

2 DEREHAM WAY Sold Prices

Land registry data shows two sales for 2 DEREHAM WAY 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 2 DEREHAM WAY 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
2024 12 NOV	£780,000	£734,629	6% above HPI
2023 24 JUL	£815,000	£728,984	12% above HPI

2 DEREHAM WAY 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 2 DEREHAM WAY sales from July 2023 and November 2024 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 July 2023 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 DEREHAM WAY be worth now?

2 DEREHAM WAY might now be worth an estimated £779,700.

This is based on house price deflation of 0%, between November 2024 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 0% deflationary decrease is applied to the most recent sale price for 2 DEREHAM WAY of £780,000 on 12th November 2024. For the value to have decreased from £780,000 to £779,700 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 2 DEREHAM WAY has moved in line with the HPI for detached houses in the Horsham local authority area.
• The November 2024 sale price of £780,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DEREHAM WAY has not materially changed since November 2024.

How Large is 2 DEREHAM WAY?

2 DEREHAM WAY is 148m² according to the EPC inspection conducted in April 2023. This puts it in the largest 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 2 DEREHAM WAY lies on this distribution: 70% of detached houses houses are smaller than 2 DEREHAM WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Horsham.

2 DEREHAM WAY: Plot and Title Map

2 DEREHAM WAY sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 2 DEREHAM WAY, 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 2 DEREHAM WAY). 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 2 DEREHAM WAY?

2 DEREHAM WAY is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 2 on DEREHAM WAY.