5, IRWIN DRIVE, HORSHAM, RH12 1NL - £470,000

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 IRWIN DRIVE is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £533,223. It was last sold for £470,000 in February 2020, which was around 29% below the average February 2020 detached price in the Horsham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

5 IRWIN DRIVE Sold Prices

Land registry data shows two sales for 5 IRWIN 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 5 IRWIN 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
2020 28 FEB	£470,000	£661,467	29% below HPI
2002 11 NOV	£250,000	£355,842	30% below HPI

5 IRWIN 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 5 IRWIN DRIVE sales from November 2002 and February 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 November 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 5 IRWIN DRIVE be worth now?

5 IRWIN DRIVE might now be worth an estimated £533,223.

This is based on house price inflation of 13.5%, between February 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 13.5% inflationary increase is applied to the most recent sale price for 5 IRWIN DRIVE of £470,000 on 28th February 2020. For the value to have increased from £470,000 to £533,223 over the five years to February 2025, the following assumptions must hold true:

• The value of 5 IRWIN DRIVE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The February 2020 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 5 IRWIN DRIVE has not materially changed since February 2020.

How Large is 5 IRWIN DRIVE?

5 IRWIN DRIVE is 77m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% 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 5 IRWIN DRIVE lies on this distribution: 7% of detached houses houses are smaller than 5 IRWIN DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Horsham.

5 IRWIN DRIVE: Plot and Title Map

5 IRWIN DRIVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 5 IRWIN 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 5 IRWIN 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 5 IRWIN DRIVE?

5 IRWIN DRIVE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 5 on IRWIN DRIVE.