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

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 MILL DRIVE is a very large extended detached house of 186m², built sometime between 1950 and 1966. It was last sold for £700,000 in June 2020, which was around 16% 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	£602,115	16% above HPI
1996 31 JAN	£137,500	£124,783	10% 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

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 in Henfield, based on EPC data. The below chart shows the distribution of detached houses by size in Henfield, and where 3 MILL DRIVE lies on this distribution: 85% of detached 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.