5, CHANTLER LANE, BROADBRIDGE HEATH, HORSHAM, RH12 3TW - £490,000

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.

5 CHANTLER LANE is a small detached house of 124m², which could now be worth an estimated £554,641. It was last sold for £490,000 in September 2020, which was around 26% below the average September 2020 detached price in the Horsham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was A.

5 CHANTLER LANE Sold Prices

Land registry data shows three sales for 5 CHANTLER LANE 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 5 CHANTLER LANE 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
2020 10 SEP	£490,000	£662,985	26% below HPI
2019 23 JAN	£475,000	£668,518	29% below HPI
2016 4 JUL	£524,950	£622,268	16% below HPI

5 CHANTLER LANE 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 5 CHANTLER LANE sales between July 2016 and September 2020 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 January 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 5 CHANTLER LANE be worth now?

5 CHANTLER LANE might now be worth an estimated £554,641.

This is based on house price inflation of 13.2%, between September 2020 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 13.2% inflationary increase is applied to the most recent sale price for 5 CHANTLER LANE of £490,000 on 10th September 2020. For the value to have increased from £490,000 to £554,641 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 CHANTLER LANE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The September 2020 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHANTLER LANE has not materially changed since September 2020.

How Large is 5 CHANTLER LANE?

5 CHANTLER LANE is 124m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% of detached houses houses in Broadbridge Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broadbridge Heath, and where 5 CHANTLER LANE lies on this distribution: 38% of detached houses houses are smaller than 5 CHANTLER LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Broadbridge Heath.

5 CHANTLER LANE: Plot and Title Map

5 CHANTLER LANE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 5 CHANTLER LANE, 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 CHANTLER LANE). 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 CHANTLER LANE?

5 CHANTLER LANE is located in BROADBRIDGE HEATH, in the RH12 postcode district. The below map shows the position of No. 5 on CHANTLER LANE.