NEW COTTAGE, NEP TOWN ROAD, HENFIELD, BN5 9EH - £369,950

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.

NEW COTTAGE is a very small extended semi-detached house of 79m², built sometime before 1900, which could now be worth an estimated £418,078. It was last sold for £369,950 in October 2018, which was around 8% below the average October 2018 semi-detached price in the Horsham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

NEW COTTAGE Sold Prices

Land registry data shows four sales for NEW COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Horsham local authority area for the corresponding sale date. two of the four NEW COTTAGE sales were for below the average price, and four 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
2018 12 OCT	£369,950	£401,531	8% below HPI
2005 5 DEC	£250,000	£242,150	3% above HPI
2003 16 DEC	£215,000	£213,526	1% above HPI
1999 18 JUN	£101,000	£112,959	11% below HPI

NEW COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Horsham local authority area over time, sourced from the HPI. The four NEW COTTAGE sales between June 1999 and October 2018 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 December 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might NEW COTTAGE be worth now?

NEW COTTAGE might now be worth an estimated £418,078.

This is based on house price inflation of 13%, between October 2018 and February 2025, for semi-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% inflationary increase is applied to the most recent sale price for NEW COTTAGE of £369,950 on 12th October 2018. For the value to have increased from £369,950 to £418,078 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of NEW COTTAGE has moved in line with the HPI for semi-detached houses in the Horsham local authority area.
• The October 2018 sale price of £369,950 represented a fair market value for the property.
• The size, condition, and specification of NEW COTTAGE has not materially changed since October 2018.

How Large is NEW COTTAGE?

NEW COTTAGE is 79m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of semi-detached houses houses in Henfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Henfield, and where NEW COTTAGE lies on this distribution: 7% of semi-detached houses houses are smaller than NEW COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Henfield.

NEW COTTAGE: Plot and Title Map

NEW COTTAGE sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of NEW 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 NEW 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 NEW COTTAGE?

NEW COTTAGE is located on NEP TOWN ROAD in HENFIELD, in the BN5 postcode district. The below map shows the position of NEW COTTAGE on NEP TOWN ROAD.