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
4 MERRYFIELD DRIVE is a midsized detached house of 122m², built sometime between 1950 and 1966. It was last sold for £657,500 in April 2022, which was about the average April 2022 detached price in the Horsham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 4 MERRYFIELD DRIVE since 1st 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 4 MERRYFIELD DRIVE sales was roughly equal to 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 |
---|---|---|---|
2022 5 APR | £657,500 | £654,453 | Close to HPI |
2003 9 JAN | £250,000 | £333,164 | 25% below HPI |
The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The two 4 MERRYFIELD DRIVE sales from January 2003 and April 2022 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 January 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
4 MERRYFIELD DRIVE is 122m² according to the EPC inspection conducted in October 2021. This puts it in the largest 50% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where 4 MERRYFIELD DRIVE lies on this distribution: 49% of detached houses are smaller than 4 MERRYFIELD DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Horsham.
4 MERRYFIELD DRIVE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 4 MERRYFIELD DRIVE, 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 4 MERRYFIELD DRIVE). 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.
4 MERRYFIELD DRIVE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 4 on MERRYFIELD DRIVE.