54, MERRYFIELD DRIVE, HORSHAM, RH12 2BA - £585,000

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

54 MERRYFIELD DRIVE is a midsized extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £585,000 in June 2018, which was around 2% below the average June 2018 detached price in the Horsham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

54 MERRYFIELD DRIVE Sold Prices

Land registry data shows four sales for 54 MERRYFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four 54 MERRYFIELD 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
2018 1 JUN	£585,000	£593,960	2% below HPI
2014 11 JUL	£475,000	£500,234	5% below HPI
1998 11 DEC	£135,000	£178,300	24% below HPI
1997 21 JUL	£110,000	£150,540	27% below HPI

54 MERRYFIELD 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 four 54 MERRYFIELD DRIVE sales between July 1997 and June 2018 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 54 MERRYFIELD DRIVE?

54 MERRYFIELD DRIVE is 126m², which includes four extensions, according to the EPC inspection conducted in March 2014. 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 54 MERRYFIELD DRIVE lies on this distribution: 53% of detached houses are smaller than 54 MERRYFIELD DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Horsham.

54 MERRYFIELD DRIVE: Plot and Title Map

54 MERRYFIELD DRIVE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 54 MERRYFIELD 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 54 MERRYFIELD 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 54 MERRYFIELD DRIVE?

54 MERRYFIELD DRIVE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 54 on MERRYFIELD DRIVE.