31, FAY ROAD, HORSHAM, RH12 2LG - £656,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

31 FAY ROAD is a very small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £656,000 in February 2019, which was around 8% above the average February 2019 detached price in the Horsham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

31 FAY ROAD Sold Prices

Land registry data shows four sales for 31 FAY ROAD 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. Most of the four 31 FAY ROAD 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
2019 28 FEB	£656,000	£607,360	8% above HPI
2016 12 MAY	£500,000	£560,986	11% below HPI
2007 12 APR	£362,000	£406,967	11% below HPI
2004 22 JUN	£280,000	£351,413	20% below HPI

31 FAY ROAD 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 31 FAY ROAD sales between June 2004 and February 2019 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 May 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2019 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 31 FAY ROAD?

31 FAY ROAD is 91m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where 31 FAY ROAD lies on this distribution: 18% of detached houses are smaller than 31 FAY ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Horsham.

31 FAY ROAD: Plot and Title Map

31 FAY ROAD sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 31 FAY ROAD, 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 31 FAY ROAD). 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 31 FAY ROAD?

31 FAY ROAD is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 31 on FAY ROAD.