3, ERICA WAY, HORSHAM, RH12 5XL - £260,000

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

3 ERICA WAY is a small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £260,000 in April 2003, which was around 21% below the average April 2003 detached price in the Horsham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

3 ERICA WAY Sold Prices

Land registry data shows two sales for 3 ERICA 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 3 ERICA 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
2003 7 APR	£260,000	£330,155	21% below HPI
2000 17 MAR	£172,000	£213,830	20% below HPI

3 ERICA 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 3 ERICA WAY sales from March 2000 and April 2003 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 March 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2003 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 ERICA WAY?

3 ERICA WAY is 100m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where 3 ERICA WAY lies on this distribution: 28% of detached houses are smaller than 3 ERICA WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Horsham.

3 ERICA WAY: Plot and Title Map

3 ERICA WAY sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 3 ERICA 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 3 ERICA 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 3 ERICA WAY?

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