7, GREENACRES, ASHINGTON, PULBOROUGH, RH20 3LR - £400,000

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 GREENACRES is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £466,588. It was last sold for £400,000 in June 2018, which was around 38% below the average June 2018 detached price in the Horsham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

7 GREENACRES Sold Prices

Land registry data shows two sales for 7 GREENACRES 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 GREENACRES 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 29 JUN	£400,000	£643,348	38% below HPI
2015 27 NOV	£380,000	£593,782	36% below HPI

7 GREENACRES 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 GREENACRES sales from November 2015 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 November 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 7 GREENACRES be worth now?

7 GREENACRES might now be worth an estimated £466,588.

This is based on house price inflation of 16.6%, between June 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 16.6% inflationary increase is applied to the most recent sale price for 7 GREENACRES of £400,000 on 29th June 2018. For the value to have increased from £400,000 to £466,588 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 7 GREENACRES has moved in line with the HPI for detached houses in the Horsham local authority area.
• The June 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GREENACRES has not materially changed since June 2018.

How Large is 7 GREENACRES?

7 GREENACRES is 74m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashington, and where 7 GREENACRES lies on this distribution: 3% of detached houses houses are smaller than 7 GREENACRES, and 96% of houses are larger. Note that EPC data is not available for all properties in Ashington.

7 GREENACRES: Plot and Title Map

7 GREENACRES sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 7 GREENACRES, 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 GREENACRES). 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 GREENACRES?

7 GREENACRES is located in ASHINGTON, in the RH20 postcode district. The below map shows the position of No. 7 on GREENACRES.