3, MILL DRIVE, HENFIELD, BN5 9RY - £700,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MILL DRIVE is a very large extended detached house of 186m², built sometime between 1950 and 1966, which could now be worth an estimated £805,470. It was last sold for £700,000 in June 2020, which was around 7% above the average June 2020 detached price in the Horsham local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

3 MILL DRIVE Sold Prices

Land registry data shows two sales for 3 MILL DRIVE 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 MILL DRIVE sales were for above 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
2020 26 JUN	£700,000	£652,181	7% above HPI
1996 31 JAN	£137,500	£135,159	2% above HPI

3 MILL DRIVE 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 MILL DRIVE sales from January 1996 and June 2020 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 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 3 MILL DRIVE be worth now?

3 MILL DRIVE might now be worth an estimated £805,470.

This is based on house price inflation of 15.1%, between June 2020 and February 2025, 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 15.1% inflationary increase is applied to the most recent sale price for 3 MILL DRIVE of £700,000 on 26th June 2020. For the value to have increased from £700,000 to £805,470 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 3 MILL DRIVE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The June 2020 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL DRIVE has not materially changed since June 2020.

How Large is 3 MILL DRIVE?

3 MILL DRIVE is 186m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Henfield, and where 3 MILL DRIVE lies on this distribution: 85% of detached houses houses are smaller than 3 MILL DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Henfield.

3 MILL DRIVE: Plot and Title Map

3 MILL DRIVE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 3 MILL DRIVE, 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 MILL DRIVE). 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 MILL DRIVE?

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