24, THE HORNETS, HORSHAM, RH13 5RE - £467,000

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.

24 THE HORNETS is a small detached house of 98m², which could now be worth an estimated £515,625. It was last sold for £467,000 in November 2018, which was around 31% below the average November 2018 detached price in the Horsham local authority area. The most recent EPC inspection was October 2008, where the current energy rating was B, and the potential energy rating was B.

24 THE HORNETS Sold Prices

Land registry data shows two sales for 24 THE HORNETS 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 24 THE HORNETS 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
2018 23 NOV	£467,000	£679,677	31% below HPI
2009 19 OCT	£315,000	£433,828	27% below HPI

24 THE HORNETS 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 24 THE HORNETS sales from October 2009 and November 2018 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 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 24 THE HORNETS be worth now?

24 THE HORNETS might now be worth an estimated £515,625.

This is based on house price inflation of 10.4%, between November 2018 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 10.4% inflationary increase is applied to the most recent sale price for 24 THE HORNETS of £467,000 on 23rd November 2018. For the value to have increased from £467,000 to £515,625 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 24 THE HORNETS has moved in line with the HPI for detached houses in the Horsham local authority area.
• The November 2018 sale price of £467,000 represented a fair market value for the property.
• The size, condition, and specification of 24 THE HORNETS has not materially changed since November 2018.

How Large is 24 THE HORNETS?

24 THE HORNETS is 98m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 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 24 THE HORNETS lies on this distribution: 25% of detached houses houses are smaller than 24 THE HORNETS, and 75% of houses are larger. Note that EPC data is not available for all properties in Horsham.

24 THE HORNETS: Plot and Title Map

24 THE HORNETS sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 24 THE HORNETS, 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 24 THE HORNETS). 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 24 THE HORNETS?

24 THE HORNETS is located in HORSHAM, in the RH13 postcode district. The below map shows the position of No. 24 on THE HORNETS.