40, SHELLEY DRIVE, BROADBRIDGE HEATH, HORSHAM, RH12 3NT - £490,000

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

40 SHELLEY DRIVE is a small detached house of 116m², built sometime between 1983 and 1990. It was last sold for £490,000 in July 2024, which was around 30% below the average July 2024 detached price in the Horsham local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

40 SHELLEY DRIVE Sold Prices

Land registry data shows two sales for 40 SHELLEY DRIVE since 1^st 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. Both of the two 40 SHELLEY DRIVE 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
2024 31 JUL	£490,000	£699,164	30% below HPI
2009 10 JUN	£247,500	£371,894	33% below HPI

40 SHELLEY 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 two 40 SHELLEY DRIVE sales from June 2009 and July 2024 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 June 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 40 SHELLEY DRIVE?

40 SHELLEY DRIVE is 116m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% of detached houses in Broadbridge Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Broadbridge Heath, and where 40 SHELLEY DRIVE lies on this distribution: 29% of detached houses are smaller than 40 SHELLEY DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Broadbridge Heath.

40 SHELLEY DRIVE: Plot and Title Map

40 SHELLEY DRIVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 40 SHELLEY 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 40 SHELLEY 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 40 SHELLEY DRIVE?

40 SHELLEY DRIVE is located in BROADBRIDGE HEATH, in the RH12 postcode district. The below map shows the position of No. 40 on SHELLEY DRIVE.