HOMELEA, HANDCROSS ROAD, PLUMMERS PLAIN, HORSHAM, RH13 6NU - £950,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HOMELEA is a very large extended detached house of 183m², built sometime between 1900 and 1929, which could now be worth an estimated £1,060,540. It was last sold for £950,000 in June 2021, which was around 44% above the average June 2021 detached price in the Horsham local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was E.

HOMELEA Sold Prices

Land registry data shows four sales for HOMELEA 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. two of the four HOMELEA sales were for above the average price, and four 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
2021 29 JUN	£950,000	£657,805	44% above HPI
2016 12 FEB	£640,000	£611,034	5% above HPI
1998 16 FEB	£165,000	£176,087	6% below HPI
1995 29 SEP	£115,000	£136,688	16% below HPI

HOMELEA 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 HOMELEA sales between September 1995 and June 2021 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 February 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2021 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might HOMELEA be worth now?

HOMELEA might now be worth an estimated £1,060,540.

This is based on house price inflation of 11.6%, between June 2021 and December 2024, 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 11.6% inflationary increase is applied to the most recent sale price for HOMELEA of £950,000 on 29th June 2021. For the value to have increased from £950,000 to £1,060,540 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of HOMELEA has moved in line with the HPI for detached houses in the Horsham local authority area.
• The June 2021 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of HOMELEA has not materially changed since June 2021.

How Large is HOMELEA?

HOMELEA is 183m², which includes four extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 20% of detached houses houses in Lower Beeding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lower Beeding, and where HOMELEA lies on this distribution: 84% of detached houses houses are smaller than HOMELEA, and 16% of houses are larger. Note that EPC data is not available for all properties in Lower Beeding.

HOMELEA: Plot and Title Map

HOMELEA sits on a plot of roughly 0.355 of an acre, or 1,436m². The below map shows the location of HOMELEA, 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 HOMELEA). 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 HOMELEA?

HOMELEA is located on HANDCROSS ROAD in PLUMMERS PLAIN, in the RH13 postcode district. The below map shows the position of HOMELEA on HANDCROSS ROAD.