8, CAVENDISH CLOSE, HORSHAM, RH12 5HX - £420,000

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.

8 CAVENDISH CLOSE is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £475,047. It was last sold for £420,000 in December 2020, which was around 37% below the average December 2020 detached price in the Horsham local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

8 CAVENDISH CLOSE Sold Prices

Land registry data shows four sales for 8 CAVENDISH CLOSE 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 8 CAVENDISH 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
2020 21 DEC	£420,000	£663,486	37% below HPI
2006 9 NOV	£300,000	£425,478	29% below HPI
1999 23 APR	£134,000	£188,351	29% below HPI
1998 1 MAY	£132,500	£180,786	27% below HPI

8 CAVENDISH 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 four 8 CAVENDISH CLOSE sales between May 1998 and December 2020 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 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 8 CAVENDISH CLOSE be worth now?

8 CAVENDISH CLOSE might now be worth an estimated £475,047.

This is based on house price inflation of 13.1%, between December 2020 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 13.1% inflationary increase is applied to the most recent sale price for 8 CAVENDISH CLOSE of £420,000 on 21st December 2020. For the value to have increased from £420,000 to £475,047 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 CAVENDISH CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The December 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CAVENDISH CLOSE has not materially changed since December 2020.

How Large is 8 CAVENDISH CLOSE?

8 CAVENDISH CLOSE is 77m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% 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 8 CAVENDISH CLOSE lies on this distribution: 6% of detached houses houses are smaller than 8 CAVENDISH CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Horsham.

8 CAVENDISH CLOSE: Plot and Title Map

8 CAVENDISH CLOSE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 8 CAVENDISH 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 8 CAVENDISH 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 8 CAVENDISH CLOSE?

8 CAVENDISH CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 8 on CAVENDISH CLOSE.