7, COTTAGE CLOSE, HORSHAM, RH12 4GS - £447,500

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 COTTAGE CLOSE is a small extended detached house of 110m², built sometime between 1976 and 1982, which could now be worth an estimated £516,360. It was last sold for £447,500 in April 2018, which was around 31% below the average April 2018 detached price in the Horsham local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

7 COTTAGE CLOSE Sold Prices

Land registry data shows two sales for 7 COTTAGE 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 COTTAGE CLOSE 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 13 APR	£447,500	£650,369	31% below HPI
1997 11 SEP	£136,000	£164,877	18% below HPI

7 COTTAGE 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 COTTAGE CLOSE sales from September 1997 and April 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 September 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 7 COTTAGE CLOSE be worth now?

7 COTTAGE CLOSE might now be worth an estimated £516,360.

This is based on house price inflation of 15.4%, between April 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 15.4% inflationary increase is applied to the most recent sale price for 7 COTTAGE CLOSE of £447,500 on 13th April 2018. For the value to have increased from £447,500 to £516,360 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 7 COTTAGE CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The April 2018 sale price of £447,500 represented a fair market value for the property.
• The size, condition, and specification of 7 COTTAGE CLOSE has not materially changed since April 2018.

How Large is 7 COTTAGE CLOSE?

7 COTTAGE CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% 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 COTTAGE CLOSE lies on this distribution: 37% of detached houses houses are smaller than 7 COTTAGE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Horsham.

7 COTTAGE CLOSE: Plot and Title Map

7 COTTAGE CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 7 COTTAGE 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 COTTAGE 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 COTTAGE CLOSE?

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