4, SHEPHERDS WAY, HORSHAM, RH12 4LS - £315,000

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

4 SHEPHERDS WAY is a very small detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £340,493. It was last sold for £315,000 in October 2018, which was around 54% below the average October 2018 detached price in the Horsham local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

4 SHEPHERDS WAY Sold Prices

Land registry data shows three sales for 4 SHEPHERDS WAY 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 SHEPHERDS 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
2018 5 OCT	£315,000	£679,364	54% below HPI
2008 12 DEC	£230,000	£424,877	46% below HPI
2000 5 JUN	£117,500	£255,335	54% below HPI

4 SHEPHERDS 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 three 4 SHEPHERDS WAY sales between June 2000 and October 2018 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 December 2008 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2018 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 4 SHEPHERDS WAY be worth now?

4 SHEPHERDS WAY might now be worth an estimated £340,493.

This is based on house price inflation of 8.1%, between October 2018 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 8.1% inflationary increase is applied to the most recent sale price for 4 SHEPHERDS WAY of £315,000 on 5th October 2018. For the value to have increased from £315,000 to £340,493 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 4 SHEPHERDS WAY has moved in line with the HPI for detached houses in the Horsham local authority area.
• The October 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHEPHERDS WAY has not materially changed since October 2018.

How Large is 4 SHEPHERDS WAY?

4 SHEPHERDS WAY is 59m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% 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 SHEPHERDS WAY lies on this distribution: 1% of detached houses houses are smaller than 4 SHEPHERDS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Horsham.

4 SHEPHERDS WAY: Plot and Title Map

4 SHEPHERDS WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 4 SHEPHERDS 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 4 SHEPHERDS 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 4 SHEPHERDS WAY?

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