4, MILL DRIVE, HENFIELD, BN5 9RY - £850,000

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

4 MILL DRIVE is a large detached house of 142m², built sometime between 1950 and 1966. It was last sold for £850,000 in July 2023, which was around 26% above the average July 2023 detached price in the Horsham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

4 MILL DRIVE Sold Prices

Land registry data shows three sales for 4 MILL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the three 4 MILL DRIVE sales were for above 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 28 JUL	£850,000	£673,021	26% above HPI
2018 2 MAR	£692,500	£605,116	14% above HPI
1997 15 AUG	£158,000	£150,720	5% above HPI

4 MILL DRIVE 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 three 4 MILL DRIVE sales between August 1997 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 March 2018 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2023 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 4 MILL DRIVE?

4 MILL DRIVE is 142m² according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses by size in Henfield, and where 4 MILL DRIVE lies on this distribution: 65% of detached houses are smaller than 4 MILL DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Henfield.

4 MILL DRIVE: Plot and Title Map

4 MILL DRIVE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 4 MILL 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 MILL 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.

Where is 4 MILL DRIVE?

4 MILL DRIVE is located in HENFIELD, in the BN5 postcode district. The below map shows the position of No. 4 on MILL DRIVE.