3, NETHERTON CLOSE, SOUTHWATER, HORSHAM, RH13 9BL - £500,000

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 NETHERTON CLOSE is a large extended detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £565,533. It was last sold for £500,000 in December 2020, which was around 25% below the average December 2020 detached price in the Horsham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

3 NETHERTON CLOSE Sold Prices

Land registry data shows two sales for 3 NETHERTON CLOSE 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 NETHERTON 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
2020 7 DEC	£500,000	£663,486	25% below HPI
1998 6 NOV	£183,000	£197,125	7% below HPI

3 NETHERTON 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 two 3 NETHERTON CLOSE sales from November 1998 and December 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 November 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 NETHERTON CLOSE be worth now?

3 NETHERTON CLOSE might now be worth an estimated £565,533.

This is based on house price inflation of 13.1%, between December 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 13.1% inflationary increase is applied to the most recent sale price for 3 NETHERTON CLOSE of £500,000 on 7th December 2020. For the value to have increased from £500,000 to £565,533 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 NETHERTON CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The December 2020 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NETHERTON CLOSE has not materially changed since December 2020.

How Large is 3 NETHERTON CLOSE?

3 NETHERTON CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southwater, and where 3 NETHERTON CLOSE lies on this distribution: 62% of detached houses houses are smaller than 3 NETHERTON CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Southwater.

3 NETHERTON CLOSE: Plot and Title Map

3 NETHERTON CLOSE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 3 NETHERTON 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 NETHERTON 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 NETHERTON CLOSE?

3 NETHERTON CLOSE is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 3 on NETHERTON CLOSE.