2, GROOMBRIDGE WAY, HORSHAM, RH12 1XD - £250,000

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 GROOMBRIDGE WAY is a very small extended semi-detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £366,643. It was last sold for £250,000 in February 2014, which was around 18% below the average February 2014 semi-detached price in the Horsham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

2 GROOMBRIDGE WAY Sold Prices

Land registry data shows two sales for 2 GROOMBRIDGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Horsham local authority area for the corresponding sale date. Both of the two 2 GROOMBRIDGE WAY 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
2014 7 FEB	£250,000	£303,801	18% below HPI
1998 15 JUL	£96,000	£105,730	9% below HPI

2 GROOMBRIDGE WAY 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 two 2 GROOMBRIDGE WAY sales from July 1998 and February 2014 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 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 GROOMBRIDGE WAY be worth now?

2 GROOMBRIDGE WAY might now be worth an estimated £366,643.

This is based on house price inflation of 46.7%, between February 2014 and December 2024, 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 46.7% inflationary increase is applied to the most recent sale price for 2 GROOMBRIDGE WAY of £250,000 on 7th February 2014. For the value to have increased from £250,000 to £366,643 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 2 GROOMBRIDGE WAY has moved in line with the HPI for semi-detached houses in the Horsham local authority area.
• The February 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GROOMBRIDGE WAY has not materially changed since February 2014.

How Large is 2 GROOMBRIDGE WAY?

2 GROOMBRIDGE WAY is 70m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 2 GROOMBRIDGE WAY lies on this distribution: 4% of semi-detached houses houses are smaller than 2 GROOMBRIDGE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Horsham.

2 GROOMBRIDGE WAY: Plot and Title Map

2 GROOMBRIDGE WAY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 GROOMBRIDGE 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 GROOMBRIDGE 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 GROOMBRIDGE WAY?

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