40, WAGTAIL CLOSE, HORSHAM, RH12 5HL - £641,950

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.

40 WAGTAIL CLOSE is a large detached house of 146m², built sometime between 1991 and 1995, which could now be worth an estimated £732,358. It was last sold for £641,950 in June 2021, which was around 2% below the average June 2021 detached price in the Horsham local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

40 WAGTAIL CLOSE Sold Prices

Land registry data shows three sales for 40 WAGTAIL 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 40 WAGTAIL 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
2021 11 JUN	£641,950	£657,805	2% below HPI
2003 5 NOV	£350,000	£368,593	5% below HPI
1996 26 JUL	£138,000	£139,586	1% below HPI

40 WAGTAIL 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 40 WAGTAIL CLOSE sales between July 1996 and June 2021 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 November 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 40 WAGTAIL CLOSE be worth now?

40 WAGTAIL CLOSE might now be worth an estimated £732,358.

This is based on house price inflation of 14.1%, between June 2021 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 14.1% inflationary increase is applied to the most recent sale price for 40 WAGTAIL CLOSE of £641,950 on 11th June 2021. For the value to have increased from £641,950 to £732,358 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 40 WAGTAIL CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The June 2021 sale price of £641,950 represented a fair market value for the property.
• The size, condition, and specification of 40 WAGTAIL CLOSE has not materially changed since June 2021.

How Large is 40 WAGTAIL CLOSE?

40 WAGTAIL CLOSE is 146m² according to the EPC inspection conducted in March 2021. This puts it in the largest 40% 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 40 WAGTAIL CLOSE lies on this distribution: 69% of detached houses houses are smaller than 40 WAGTAIL CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Horsham.

40 WAGTAIL CLOSE: Plot and Title Map

40 WAGTAIL CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 40 WAGTAIL 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 40 WAGTAIL 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 40 WAGTAIL CLOSE?

40 WAGTAIL CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 40 on WAGTAIL CLOSE.