5, MERRYFIELD ROAD, STORRINGTON, PULBOROUGH, RH20 4NP - £440,000

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 MERRYFIELD ROAD is a very small extended detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £519,247. It was last sold for £440,000 in September 2016, which was around 31% below the average September 2016 detached price in the Horsham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

5 MERRYFIELD ROAD Sold Prices

Land registry data shows three sales for 5 MERRYFIELD ROAD 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 MERRYFIELD ROAD 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
2016 23 SEP	£440,000	£635,914	31% below HPI
2012 16 NOV	£320,000	£473,843	32% below HPI
2004 21 OCT	£300,000	£403,499	26% below HPI

5 MERRYFIELD ROAD 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 MERRYFIELD ROAD sales between October 2004 and September 2016 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 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2016 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 5 MERRYFIELD ROAD be worth now?

5 MERRYFIELD ROAD might now be worth an estimated £519,247.

This is based on house price inflation of 18%, between September 2016 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 18% inflationary increase is applied to the most recent sale price for 5 MERRYFIELD ROAD of £440,000 on 23rd September 2016. For the value to have increased from £440,000 to £519,247 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 MERRYFIELD ROAD has moved in line with the HPI for detached houses in the Horsham local authority area.
• The September 2016 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MERRYFIELD ROAD has not materially changed since September 2016.

How Large is 5 MERRYFIELD ROAD?

5 MERRYFIELD ROAD is 98m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses houses in Storrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Storrington, and where 5 MERRYFIELD ROAD lies on this distribution: 19% of detached houses houses are smaller than 5 MERRYFIELD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Storrington.

5 MERRYFIELD ROAD: Plot and Title Map

5 MERRYFIELD ROAD sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 5 MERRYFIELD ROAD, 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 MERRYFIELD ROAD). 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 MERRYFIELD ROAD?

5 MERRYFIELD ROAD is located in STORRINGTON, in the RH20 postcode district. The below map shows the position of No. 5 on MERRYFIELD ROAD.