3, TRIBUTARY LANE, FAYGATE, HORSHAM, RH12 0BQ - £410,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 TRIBUTARY LANE is a small detached house of 95m², which could now be worth an estimated £418,135. It was last sold for £410,000 in March 2022, which was around 43% below the average March 2022 detached price in the Horsham local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

3 TRIBUTARY LANE Sold Prices

Land registry data shows two sales for 3 TRIBUTARY LANE 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 TRIBUTARY LANE 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
2022 10 MAR	£410,000	£720,059	43% below HPI
2018 18 JAN	£410,000	£661,979	38% below HPI

3 TRIBUTARY LANE 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 TRIBUTARY LANE sales from January 2018 and March 2022 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 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 3 TRIBUTARY LANE be worth now?

3 TRIBUTARY LANE might now be worth an estimated £418,135.

This is based on house price inflation of 2%, between March 2022 and December 2024, 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 2% inflationary increase is applied to the most recent sale price for 3 TRIBUTARY LANE of £410,000 on 10th March 2022. For the value to have increased from £410,000 to £418,135 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 3 TRIBUTARY LANE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The March 2022 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 3 TRIBUTARY LANE has not materially changed since March 2022.

How Large is 3 TRIBUTARY LANE?

3 TRIBUTARY LANE is 95m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of detached houses houses in Crawley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crawley, and where 3 TRIBUTARY LANE lies on this distribution: 24% of detached houses houses are smaller than 3 TRIBUTARY LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Crawley.

3 TRIBUTARY LANE: Plot and Title Map

3 TRIBUTARY LANE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 3 TRIBUTARY LANE, 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 TRIBUTARY LANE). 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 TRIBUTARY LANE?

3 TRIBUTARY LANE is located in FAYGATE, in the RH12 postcode district. The below map shows the position of No. 3 on TRIBUTARY LANE.