4, SCHOOL CLOSE, HORSHAM, RH12 4UA - £595,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 SCHOOL CLOSE is a large extended detached house of 151m², built sometime between 1976 and 1982, which could now be worth an estimated £678,762. It was last sold for £595,000 in October 2020, which was around 11% below the average October 2020 detached price in the Horsham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

4 SCHOOL CLOSE Sold Prices

Land registry data shows three sales for 4 SCHOOL CLOSE 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 SCHOOL CLOSE 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
2020 20 OCT	£595,000	£668,395	11% below HPI
2010 19 MAR	£370,000	£454,636	19% below HPI
2006 18 OCT	£322,000	£424,037	24% below HPI

4 SCHOOL CLOSE 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 SCHOOL CLOSE sales between October 2006 and October 2020 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 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 4 SCHOOL CLOSE be worth now?

4 SCHOOL CLOSE might now be worth an estimated £678,762.

This is based on house price inflation of 14.1%, between October 2020 and March 2025, 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 14.1% inflationary increase is applied to the most recent sale price for 4 SCHOOL CLOSE of £595,000 on 20th October 2020. For the value to have increased from £595,000 to £678,762 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of 4 SCHOOL CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The October 2020 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SCHOOL CLOSE has not materially changed since October 2020.

How Large is 4 SCHOOL CLOSE?

4 SCHOOL CLOSE is 151m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 30% 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 4 SCHOOL CLOSE lies on this distribution: 73% of detached houses houses are smaller than 4 SCHOOL CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Horsham.

4 SCHOOL CLOSE: Plot and Title Map

4 SCHOOL CLOSE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 4 SCHOOL CLOSE, 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 SCHOOL CLOSE). 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 SCHOOL CLOSE?

4 SCHOOL CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 4 on SCHOOL CLOSE.