5, MORRELL AVENUE, HORSHAM, RH12 4DD - £685,000

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 MORRELL AVENUE is a midsized extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £685,000 in June 2024, which was about the average June 2024 detached price in the Horsham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

5 MORRELL AVENUE Sold Prices

Land registry data shows three sales for 5 MORRELL AVENUE 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. The three 5 MORRELL AVENUE sales were a mix of roughly equal to the average price, and 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
2024 27 JUN	£685,000	£686,441	Close to HPI
2017 18 JUL	£485,000	£598,054	19% below HPI
2003 16 SEP	£300,000	£342,189	12% below HPI

5 MORRELL AVENUE 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 MORRELL AVENUE sales between September 2003 and June 2024 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 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 MORRELL AVENUE?

5 MORRELL AVENUE is 123m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where 5 MORRELL AVENUE lies on this distribution: 50% of detached houses are smaller than 5 MORRELL AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Horsham.

5 MORRELL AVENUE: Plot and Title Map

5 MORRELL AVENUE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 5 MORRELL AVENUE, 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 MORRELL AVENUE). 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 MORRELL AVENUE?

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