5, CHESTNUT WAY, HENFIELD, BN5 9PA - £475,000

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

5 CHESTNUT WAY is a small extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £475,000 in December 2017, which was around 22% below the average December 2017 detached price in the Horsham local authority area. The most recent EPC inspection was March 2009, where the current energy rating was F, and the potential energy rating was D.

5 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 5 CHESTNUT WAY 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 CHESTNUT WAY 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
2017 5 DEC	£475,000	£612,185	22% below HPI
2014 21 JUL	£380,000	£500,234	24% below HPI
2001 28 JUN	£195,000	£247,137	21% below HPI

5 CHESTNUT WAY 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 CHESTNUT WAY sales between June 2001 and December 2017 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 July 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 CHESTNUT WAY?

5 CHESTNUT WAY is 108m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% of detached houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses by size in Henfield, and where 5 CHESTNUT WAY lies on this distribution: 34% of detached houses are smaller than 5 CHESTNUT WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Henfield.

5 CHESTNUT WAY: Plot and Title Map

5 CHESTNUT WAY sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 5 CHESTNUT WAY, 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 CHESTNUT WAY). 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 CHESTNUT WAY?

5 CHESTNUT WAY is located in HENFIELD, in the BN5 postcode district. The below map shows the position of No. 5 on CHESTNUT WAY.