25, ELGAR WAY, HORSHAM, RH13 6RH - £492,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

25 ELGAR WAY is a very small extended detached house of 75m², built sometime between 1996 and 2002. It was last sold for £492,500 in September 2023, which was around 28% below the average September 2023 detached price in the Horsham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

25 ELGAR WAY Sold Prices

Land registry data shows two sales for 25 ELGAR 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 25 ELGAR 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
2023 29 SEP	£492,500	£686,955	28% below HPI
1999 18 JUN	£141,500	£184,578	23% below HPI

25 ELGAR 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 25 ELGAR WAY sales from June 1999 and September 2023 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 June 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 25 ELGAR WAY?

25 ELGAR WAY is 75m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where 25 ELGAR WAY lies on this distribution: 5% of detached houses are smaller than 25 ELGAR WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Horsham.

25 ELGAR WAY: Plot and Title Map

25 ELGAR WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 25 ELGAR 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 25 ELGAR 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 25 ELGAR WAY?

25 ELGAR WAY is located in HORSHAM, in the RH13 postcode district. The below map shows the position of No. 25 on ELGAR WAY.