MIDHURST, HOREBEECH LANE, HORAM, HEATHFIELD, TN21 0DS - £495,000

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.

MIDHURST is a small extended detached house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £464,131. It was last sold for £495,000 in October 2022, which was around 23% below the average October 2022 detached price in the Wealden local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

MIDHURST Sold Prices

Land registry data shows three sales for MIDHURST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three MIDHURST 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
2022 28 OCT	£495,000	£644,999	23% below HPI
2007 5 JUN	£360,000	£362,365	1% below HPI
1999 12 OCT	£160,000	£171,640	7% below HPI

MIDHURST Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three MIDHURST sales between October 1999 and October 2022 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 June 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might MIDHURST be worth now?

MIDHURST might now be worth an estimated £464,131.

This is based on house price deflation of 6.2%, between October 2022 and February 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% deflationary decrease is applied to the most recent sale price for MIDHURST of £495,000 on 28th October 2022. For the value to have decreased from £495,000 to £464,131 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of MIDHURST has moved in line with the HPI for detached houses in the Wealden local authority area.
• The October 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of MIDHURST has not materially changed since October 2022.

How Large is MIDHURST?

MIDHURST is 95m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses houses in Horam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horam, and where MIDHURST lies on this distribution: 22% of detached houses houses are smaller than MIDHURST, and 78% of houses are larger. Note that EPC data is not available for all properties in Horam.

MIDHURST: Plot and Title Map

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

MIDHURST is located on HOREBEECH LANE in HORAM, in the TN21 postcode district. The below map shows the position of MIDHURST on HOREBEECH LANE.