7, CHAFFINCH CLOSE, HORSHAM, RH12 5HA - £693,000

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.

7 CHAFFINCH CLOSE is a large detached house of 150m², built sometime between 1991 and 1995, which could now be worth an estimated £765,509. It was last sold for £693,000 in October 2018, which was around 2% above the average October 2018 detached price in the Horsham local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

7 CHAFFINCH CLOSE Sold Prices

Land registry data shows two sales for 7 CHAFFINCH 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. Both of the two 7 CHAFFINCH CLOSE sales were 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
2018 19 OCT	£693,000	£679,364	2% above HPI
2011 8 DEC	£530,000	£460,407	15% above HPI

7 CHAFFINCH 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 7 CHAFFINCH CLOSE sales from December 2011 and October 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 December 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2018 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 7 CHAFFINCH CLOSE be worth now?

7 CHAFFINCH CLOSE might now be worth an estimated £765,509.

This is based on house price inflation of 10.5%, between October 2018 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 10.5% inflationary increase is applied to the most recent sale price for 7 CHAFFINCH CLOSE of £693,000 on 19th October 2018. For the value to have increased from £693,000 to £765,509 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 CHAFFINCH CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The October 2018 sale price of £693,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHAFFINCH CLOSE has not materially changed since October 2018.

How Large is 7 CHAFFINCH CLOSE?

7 CHAFFINCH CLOSE is 150m² according to the EPC inspection conducted in January 2016. This puts it in the largest 30% 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 7 CHAFFINCH CLOSE lies on this distribution: 72% of detached houses houses are smaller than 7 CHAFFINCH CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Horsham.

7 CHAFFINCH CLOSE: Plot and Title Map

7 CHAFFINCH CLOSE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 7 CHAFFINCH 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 7 CHAFFINCH 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 7 CHAFFINCH CLOSE?

7 CHAFFINCH CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 7 on CHAFFINCH CLOSE.