HOPE COTTAGE, SHOREHAM ROAD, SMALL DOLE, HENFIELD, BN5 9YG - £595,000

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

HOPE COTTAGE is a midsized extended detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £678,253. It was last sold for £595,000 in January 2021, which was around 10% below the average January 2021 detached price in the Horsham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was A.

HOPE COTTAGE Sold Prices

Land registry data shows two sales for HOPE COTTAGE 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. One of the two HOPE COTTAGE sales was for below the average price, whilst the other was roughly equal to 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 8 JAN	£595,000	£658,332	10% below HPI
1999 15 APR	£187,500	£188,351	Close to HPI

HOPE COTTAGE 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 HOPE COTTAGE sales from April 1999 and January 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 April 1999 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might HOPE COTTAGE be worth now?

HOPE COTTAGE might now be worth an estimated £678,253.

This is based on house price inflation of 14%, between January 2021 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 14% inflationary increase is applied to the most recent sale price for HOPE COTTAGE of £595,000 on 8th January 2021. For the value to have increased from £595,000 to £678,253 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of HOPE COTTAGE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The January 2021 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of HOPE COTTAGE has not materially changed since January 2021.

How Large is HOPE COTTAGE?

HOPE COTTAGE is 148m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses houses in Small Dole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Small Dole, and where HOPE COTTAGE lies on this distribution: 48% of detached houses houses are smaller than HOPE COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Small Dole.

HOPE COTTAGE: Plot and Title Map

HOPE COTTAGE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of HOPE COTTAGE, 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 HOPE COTTAGE). 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 HOPE COTTAGE?

HOPE COTTAGE is located on SHOREHAM ROAD in SMALL DOLE, in the BN5 postcode district. The below map shows the position of HOPE COTTAGE on SHOREHAM ROAD.