5, ALLEY GROVES, COWFOLD, HORSHAM, RH13 8BN - £480,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 ALLEY GROVES is a small extended detached house of 93m², built sometime between 2007 and 2011. It was last sold for £480,000 in May 2023, which was around 30% below the average May 2023 detached price in the Horsham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

5 ALLEY GROVES Sold Prices

Land registry data shows four sales for 5 ALLEY GROVES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four 5 ALLEY GROVES 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
2023 3 MAY	£480,000	£682,300	30% below HPI
2012 31 MAY	£295,000	£434,542	32% below HPI
2002 28 AUG	£215,000	£302,114	29% below HPI
1997 13 JUN	£114,950	£148,179	22% below HPI

5 ALLEY GROVES 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 four 5 ALLEY GROVES sales between June 1997 and May 2023 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 May 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 ALLEY GROVES?

5 ALLEY GROVES is 93m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Cowfold, based on EPC data. The below chart shows the distribution of detached houses by size in Cowfold, and where 5 ALLEY GROVES lies on this distribution: 25% of detached houses are smaller than 5 ALLEY GROVES, and 74% of houses are larger. Note that EPC data is not available for all properties in Cowfold.

5 ALLEY GROVES: Plot and Title Map

5 ALLEY GROVES sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 5 ALLEY GROVES, 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 5 ALLEY GROVES). 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 5 ALLEY GROVES?

5 ALLEY GROVES is located in COWFOLD, in the RH13 postcode district. The below map shows the position of No. 5 on ALLEY GROVES.