3, BUTTERMERE CLOSE, HORSHAM, RH12 4GP - £220,000

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

3 BUTTERMERE CLOSE is a very small extended detached house of 92m², built sometime between 1991 and 1995. It was last sold for £220,000 in August 2002, which was around 33% below the average August 2002 detached price in the Horsham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

3 BUTTERMERE CLOSE Sold Prices

Land registry data shows two sales for 3 BUTTERMERE CLOSE 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 3 BUTTERMERE 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
2002 5 AUG	£220,000	£327,236	33% below HPI
1997 22 MAY	£120,000	£155,807	23% below HPI

3 BUTTERMERE 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 two 3 BUTTERMERE CLOSE sales from May 1997 and August 2002 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 May 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2002 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 3 BUTTERMERE CLOSE be worth now?

3 BUTTERMERE CLOSE might now be worth an estimated £493,699.

This is based on house price inflation of 124.4%, between August 2002 and December 2024, 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 124.4% inflationary increase is applied to the most recent sale price for 3 BUTTERMERE CLOSE of £220,000 on 5th August 2002. For the value to have increased from £220,000 to £493,699 over the 21 years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 BUTTERMERE CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The August 2002 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BUTTERMERE CLOSE has not materially changed since August 2002.

How Large is 3 BUTTERMERE CLOSE?

3 BUTTERMERE CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 3 BUTTERMERE CLOSE lies on this distribution: 19% of detached houses houses are smaller than 3 BUTTERMERE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Horsham.

3 BUTTERMERE CLOSE: Plot and Title Map

3 BUTTERMERE CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 3 BUTTERMERE 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 3 BUTTERMERE 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 3 BUTTERMERE CLOSE?

3 BUTTERMERE CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 3 on BUTTERMERE CLOSE.