23, ARUN WAY, HORSHAM, RH13 5DD - £405,000

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

23 ARUN WAY is a very small detached house of 50m², built in 2020, which could now be worth an estimated £424,171. It was last sold for £405,000 in November 2021, which was around 43% below the average November 2021 detached price in the Horsham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was A.

23 ARUN WAY Sold Prices

Land registry data shows two sales for 23 ARUN 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 23 ARUN 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
2021 12 NOV	£405,000	£716,528	43% below HPI
2017 5 DEC	£450,000	£663,089	32% below HPI

23 ARUN 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 23 ARUN WAY sales from December 2017 and November 2021 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 December 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 23 ARUN WAY be worth now?

23 ARUN WAY might now be worth an estimated £424,171.

This is based on house price inflation of 4.7%, between November 2021 and February 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 4.7% inflationary increase is applied to the most recent sale price for 23 ARUN WAY of £405,000 on 12th November 2021. For the value to have increased from £405,000 to £424,171 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 ARUN WAY has moved in line with the HPI for detached houses in the Horsham local authority area.
• The November 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 23 ARUN WAY has not materially changed since November 2021.

How Large is 23 ARUN WAY?

23 ARUN WAY is 50m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% 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 23 ARUN WAY lies on this distribution: Less than 1% of detached houses houses are smaller than 23 ARUN WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Horsham.

23 ARUN WAY: Plot and Title Map

23 ARUN WAY sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 23 ARUN 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 23 ARUN 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 23 ARUN WAY?

23 ARUN WAY is located in HORSHAM, in the RH13 postcode district. The below map shows the position of No. 23 on ARUN WAY.