22, THATCHERS CLOSE, HORSHAM, RH12 5TL - £345,000

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.

22 THATCHERS CLOSE is a very small extended detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £410,573. It was last sold for £345,000 in March 2020, which was around 46% below the average March 2020 detached price in the Horsham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

22 THATCHERS CLOSE Sold Prices

Land registry data shows three sales for 22 THATCHERS CLOSE 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 22 THATCHERS 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
2020 2 MAR	£345,000	£640,711	46% below HPI
2005 6 OCT	£237,500	£391,745	39% below HPI
2003 24 JAN	£207,000	£360,867	43% below HPI

22 THATCHERS CLOSE 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 22 THATCHERS CLOSE sales between January 2003 and March 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 October 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 22 THATCHERS CLOSE be worth now?

22 THATCHERS CLOSE might now be worth an estimated £410,573.

This is based on house price inflation of 19%, between March 2020 and March 2025, 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 19% inflationary increase is applied to the most recent sale price for 22 THATCHERS CLOSE of £345,000 on 2nd March 2020. For the value to have increased from £345,000 to £410,573 over the five years to March 2025, the following assumptions must hold true:

• The value of 22 THATCHERS CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The March 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THATCHERS CLOSE has not materially changed since March 2020.

How Large is 22 THATCHERS CLOSE?

22 THATCHERS CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% 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 22 THATCHERS CLOSE lies on this distribution: 12% of detached houses houses are smaller than 22 THATCHERS CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Horsham.

22 THATCHERS CLOSE: Plot and Title Map

22 THATCHERS CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 22 THATCHERS 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 22 THATCHERS 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 22 THATCHERS CLOSE?

22 THATCHERS CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 22 on THATCHERS CLOSE.