38, SHOTTERMILL, HORSHAM, RH12 5HJ - £725,000

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

38 SHOTTERMILL is a large extended detached house of 162m², built sometime between 1991 and 1995. It was last sold for £725,000 in July 2023, which was around 8% above the average July 2023 detached price in the Horsham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

38 SHOTTERMILL Sold Prices

Land registry data shows two sales for 38 SHOTTERMILL 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. One of the two 38 SHOTTERMILL sales was for above the average price, whilst the other was 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
2023 14 JUL	£725,000	£673,021	8% above HPI
2016 11 NOV	£550,000	£589,269	7% below HPI

38 SHOTTERMILL 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 38 SHOTTERMILL sales from November 2016 and July 2023 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 November 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 38 SHOTTERMILL?

38 SHOTTERMILL is 162m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where 38 SHOTTERMILL lies on this distribution: 79% of detached houses are smaller than 38 SHOTTERMILL, and 21% of houses are larger. Note that EPC data is not available for all properties in Horsham.

38 SHOTTERMILL: Plot and Title Map

38 SHOTTERMILL sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 38 SHOTTERMILL, 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 38 SHOTTERMILL). 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 38 SHOTTERMILL?

38 SHOTTERMILL is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 38 on SHOTTERMILL.