31, MORRELL AVENUE, HORSHAM, RH12 4DD - £455,000

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

31 MORRELL AVENUE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £455,000 in February 2021, which was around 25% below the average February 2021 detached price in the Horsham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

31 MORRELL AVENUE Sold Prices

Land registry data shows two sales for 31 MORRELL AVENUE 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 31 MORRELL AVENUE 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
2021 15 FEB	£455,000	£603,436	25% below HPI
2015 1 OCT	£350,000	£543,334	36% below HPI

31 MORRELL AVENUE 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 31 MORRELL AVENUE sales from October 2015 and February 2021 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 October 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 31 MORRELL AVENUE?

31 MORRELL AVENUE is 64m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% 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 MORRELL AVENUE lies on this distribution: 2% of detached houses are smaller than 31 MORRELL AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Horsham.

31 MORRELL AVENUE: Plot and Title Map

31 MORRELL AVENUE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 31 MORRELL AVENUE, 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 MORRELL AVENUE). 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 MORRELL AVENUE?

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