3, MALLOW CLOSE, HORSHAM, RH12 5GA - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MALLOW CLOSE is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £375,000 in November 2017, which was around 39% below the average November 2017 detached price in the Horsham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

3 MALLOW CLOSE Sold Prices

Land registry data shows four sales for 3 MALLOW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four 3 MALLOW 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
2017 10 NOV	£375,000	£612,362	39% below HPI
2016 8 JAN	£355,000	£556,002	36% below HPI
2010 5 NOV	£265,000	£431,645	39% below HPI
2004 10 AUG	£249,000	£360,511	31% below HPI

3 MALLOW 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 four 3 MALLOW CLOSE sales between August 2004 and November 2017 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 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 MALLOW CLOSE?

3 MALLOW CLOSE is 80m² according to the EPC inspection conducted in July 2015. 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 3 MALLOW CLOSE lies on this distribution: 9% of detached houses are smaller than 3 MALLOW CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Horsham.

3 MALLOW CLOSE: Plot and Title Map

3 MALLOW CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 3 MALLOW 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 MALLOW 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 MALLOW CLOSE?

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