4, THE LAURELS, HENFIELD, BN5 9RQ - £533,500

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 THE LAURELS is a large extended detached house of 151m², built sometime between 1996 and 2002, which could now be worth an estimated £611,816. It was last sold for £533,500 in October 2019, which was around 18% below the average October 2019 detached price in the Horsham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

4 THE LAURELS Sold Prices

Land registry data shows three sales for 4 THE LAURELS 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. One of the three 4 THE LAURELS sales was for below the average price, whilst two 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
2019 31 OCT	£533,500	£654,385	18% below HPI
2006 18 AUG	£447,500	£415,728	8% above HPI
2004 6 APR	£375,000	£365,650	3% above HPI

4 THE LAURELS 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 THE LAURELS sales between April 2004 and October 2019 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 August 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 THE LAURELS be worth now?

4 THE LAURELS might now be worth an estimated £611,816.

This is based on house price inflation of 14.7%, between October 2019 and February 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 14.7% inflationary increase is applied to the most recent sale price for 4 THE LAURELS of £533,500 on 31st October 2019. For the value to have increased from £533,500 to £611,816 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 THE LAURELS has moved in line with the HPI for detached houses in the Horsham local authority area.
• The October 2019 sale price of £533,500 represented a fair market value for the property.
• The size, condition, and specification of 4 THE LAURELS has not materially changed since October 2019.

How Large is 4 THE LAURELS?

4 THE LAURELS is 151m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Henfield, and where 4 THE LAURELS lies on this distribution: 71% of detached houses houses are smaller than 4 THE LAURELS, and 28% of houses are larger. Note that EPC data is not available for all properties in Henfield.

4 THE LAURELS: Plot and Title Map

4 THE LAURELS sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 4 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

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