5, OWERS CLOSE, HORSHAM, RH13 5JB - £615,000

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 OWERS CLOSE is a midsized detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £701,552. It was last sold for £615,000 in February 2019, which was around 7% below the average February 2019 detached price in the Horsham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

5 OWERS CLOSE Sold Prices

Land registry data shows two sales for 5 OWERS CLOSE 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. One of the two 5 OWERS CLOSE sales was for below the average price, whilst the other was for above 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
2019 18 FEB	£615,000	£657,862	7% below HPI
2000 6 JAN	£238,950	£231,006	3% above HPI

5 OWERS CLOSE 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 OWERS CLOSE sales from January 2000 and February 2019 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 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 5 OWERS CLOSE be worth now?

5 OWERS CLOSE might now be worth an estimated £701,552.

This is based on house price inflation of 14.1%, between February 2019 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 14.1% inflationary increase is applied to the most recent sale price for 5 OWERS CLOSE of £615,000 on 18th February 2019. For the value to have increased from £615,000 to £701,552 over the six years to February 2025, the following assumptions must hold true:

• The value of 5 OWERS CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The February 2019 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OWERS CLOSE has not materially changed since February 2019.

How Large is 5 OWERS CLOSE?

5 OWERS CLOSE is 123m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% 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 OWERS CLOSE lies on this distribution: 50% of detached houses houses are smaller than 5 OWERS CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Horsham.

5 OWERS CLOSE: Plot and Title Map

5 OWERS CLOSE sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 5 OWERS CLOSE, 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 OWERS CLOSE). 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 OWERS CLOSE?

5 OWERS CLOSE is located in HORSHAM, in the RH13 postcode district. The below map shows the position of No. 5 on OWERS CLOSE.