34, CHENNELLS WAY, HORSHAM, RH12 5TW - £500,000

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

34 CHENNELLS WAY is a midsized extended detached house of 126m², built sometime between 1976 and 1982. It was last sold for £500,000 in October 2021, which was around 29% below the average October 2021 detached price in the Horsham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

34 CHENNELLS WAY Sold Prices

Land registry data shows two sales for 34 CHENNELLS WAY 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 34 CHENNELLS WAY 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 14 OCT	£500,000	£706,842	29% below HPI
1995 3 MAR	£102,500	£141,896	28% below HPI

34 CHENNELLS WAY 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 34 CHENNELLS WAY sales from March 1995 and October 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 March 1995 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 34 CHENNELLS WAY be worth now?

34 CHENNELLS WAY might now be worth an estimated £519,456.

This is based on house price inflation of 3.9%, between October 2021 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 3.9% inflationary increase is applied to the most recent sale price for 34 CHENNELLS WAY of £500,000 on 14th October 2021. For the value to have increased from £500,000 to £519,456 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 34 CHENNELLS WAY has moved in line with the HPI for detached houses in the Horsham local authority area.
• The October 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 34 CHENNELLS WAY has not materially changed since October 2021.

How Large is 34 CHENNELLS WAY?

34 CHENNELLS WAY is 126m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% 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 34 CHENNELLS WAY lies on this distribution: 53% of detached houses houses are smaller than 34 CHENNELLS WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Horsham.

34 CHENNELLS WAY: Plot and Title Map

34 CHENNELLS WAY sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 34 CHENNELLS WAY, 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 34 CHENNELLS WAY). 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 34 CHENNELLS WAY?

34 CHENNELLS WAY is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 34 on CHENNELLS WAY.