FIG HOUSE, WEST PARADE, HORSHAM, RH12 2BZ - £1,125,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FIG HOUSE is a very large extended detached house of 186m², built sometime between 1900 and 1929. It was last sold for £1,125,000 in January 2024, which was around 71% above the average January 2024 detached price in the Horsham local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

FIG HOUSE Sold Prices

Land registry data shows four sales for FIG HOUSE 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 FIG HOUSE 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
2024 25 JAN	£1,125,000	£658,334	71% above HPI
2017 31 JUL	£945,000	£598,054	58% above HPI
2011 10 JUN	£670,000	£421,703	59% above HPI
2004 29 NOV	£556,000	£369,870	50% above HPI

FIG HOUSE 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 FIG HOUSE sales between November 2004 and January 2024 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 2017 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the January 2024 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is FIG HOUSE?

FIG HOUSE is 186m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where FIG HOUSE lies on this distribution: 88% of detached houses are smaller than FIG HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Horsham.

FIG HOUSE: Plot and Title Map

FIG HOUSE sits on a plot of roughly 0.260 of an acre, or 1,053m². The below map shows the location of FIG HOUSE, 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 FIG HOUSE). 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 FIG HOUSE?

FIG HOUSE is located on WEST PARADE in HORSHAM, in the RH12 postcode district. The below map shows the position of FIG HOUSE on WEST PARADE.