3, FARM CLOSE, HENFIELD, BN5 9JE - £465,000

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 FARM CLOSE is a very small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £465,000 in September 2023, which was around 32% below the average September 2023 detached price in the Horsham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

3 FARM CLOSE Sold Prices

Land registry data shows three sales for 3 FARM CLOSE 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 3 FARM 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
2023 29 SEP	£465,000	£686,764	32% below HPI
2000 12 SEP	£172,000	£238,348	28% below HPI
1996 5 DEC	£97,500	£133,787	27% below HPI

3 FARM 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 three 3 FARM CLOSE sales between December 1996 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 September 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 FARM CLOSE?

3 FARM CLOSE is 94m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses by size in Henfield, and where 3 FARM CLOSE lies on this distribution: 17% of detached houses are smaller than 3 FARM CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Henfield.

3 FARM CLOSE: Plot and Title Map

3 FARM CLOSE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 3 FARM 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 FARM 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 FARM CLOSE?

3 FARM CLOSE is located in HENFIELD, in the BN5 postcode district. The below map shows the position of No. 3 on FARM CLOSE.