27, GROOMBRIDGE WAY, HORSHAM, RH12 1XD - £408,500

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

27 GROOMBRIDGE WAY is a midsized extended detached house of 134m², built sometime between 1976 and 1982. It was last sold for £408,500 in October 2018, which was around 35% below the average October 2018 detached price in the Horsham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

27 GROOMBRIDGE WAY Sold Prices

Land registry data shows three sales for 27 GROOMBRIDGE WAY 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 27 GROOMBRIDGE 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
2018 19 OCT	£408,500	£627,211	35% below HPI
2007 10 JAN	£285,199	£399,421	29% below HPI
1997 30 SEP	£137,500	£152,220	10% below HPI

27 GROOMBRIDGE 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 three 27 GROOMBRIDGE WAY sales between September 1997 and October 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 January 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 27 GROOMBRIDGE WAY?

27 GROOMBRIDGE WAY is 134m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where 27 GROOMBRIDGE WAY lies on this distribution: 60% of detached houses are smaller than 27 GROOMBRIDGE WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Horsham.

27 GROOMBRIDGE WAY: Plot and Title Map

27 GROOMBRIDGE WAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 27 GROOMBRIDGE 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 27 GROOMBRIDGE 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 27 GROOMBRIDGE WAY?

27 GROOMBRIDGE WAY is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 27 on GROOMBRIDGE WAY.