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
2 HORMARE CRESCENT is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £335,000 in January 2020, which was around 45% below the average January 2020 detached price in the Horsham local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 2 HORMARE CRESCENT since 1st 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 HORMARE CRESCENT 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 |
---|---|---|---|
2020 10 JAN | £335,000 | £613,466 | 45% below HPI |
1999 19 JUL | £123,950 | £192,023 | 35% below HPI |
The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The two 2 HORMARE CRESCENT sales from July 1999 and January 2020 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 1999 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2020 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
2 HORMARE CRESCENT is 72m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Storrington, based on EPC data. The below chart shows the distribution of detached houses by size in Storrington, and where 2 HORMARE CRESCENT lies on this distribution: 2% of detached houses are smaller than 2 HORMARE CRESCENT, and 98% of houses are larger. Note that EPC data is not available for all properties in Storrington.
2 HORMARE CRESCENT sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 2 HORMARE CRESCENT, 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 HORMARE CRESCENT). 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.
2 HORMARE CRESCENT is located in STORRINGTON, in the RH20 postcode district. The below map shows the position of No. 2 on HORMARE CRESCENT.