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

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

31 FAY ROAD is a very small extended detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £732,268. It was last sold for £656,000 in February 2019, which was about 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. The four 31 FAY ROAD sales were a mix of roughly equal to the average price, and 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	£657,862	Close to HPI
2016 12 MAY	£500,000	£607,632	18% below HPI
2007 12 APR	£362,000	£440,807	18% below HPI
2004 22 JUN	£280,000	£380,633	26% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 31 FAY ROAD be worth now?

31 FAY ROAD might now be worth an estimated £732,268.

This is based on house price inflation of 11.6%, between February 2019 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 11.6% inflationary increase is applied to the most recent sale price for 31 FAY ROAD of £656,000 on 28th February 2019. For the value to have increased from £656,000 to £732,268 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of 31 FAY ROAD has moved in line with the HPI for detached houses in the Horsham local authority area.
• The February 2019 sale price of £656,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FAY ROAD has not materially changed since February 2019.

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 houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horsham, and where 31 FAY ROAD lies on this distribution: 18% of detached houses 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.