PROSPECT COTTAGE, GOLDEN SQUARE, HENFIELD, BN5 9DP - £183,200

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

PROSPECT COTTAGE is a large extended detached house of 144m², built sometime before 1900, which could now be worth an estimated £689,004. It was last sold for £183,200 in October 1998, which was around 8% below the average October 1998 detached price in the Horsham local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was C.

PROSPECT COTTAGE Sold Prices

Land registry data shows two sales for PROSPECT 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. Both of the two PROSPECT COTTAGE 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
1998 22 OCT	£183,200	£199,537	8% below HPI
1997 23 JUN	£145,000	£160,500	10% below HPI

PROSPECT 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 PROSPECT COTTAGE sales from June 1997 and October 1998 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 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 1998 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might PROSPECT COTTAGE be worth now?

PROSPECT COTTAGE might now be worth an estimated £689,004.

This is based on house price inflation of 276.1%, between October 1998 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 276.1% inflationary increase is applied to the most recent sale price for PROSPECT COTTAGE of £183,200 on 22nd October 1998. For the value to have increased from £183,200 to £689,004 over the 27 years and eight months to February 2025, the following assumptions must hold true:

• The value of PROSPECT COTTAGE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The October 1998 sale price of £183,200 represented a fair market value for the property.
• The size, condition, and specification of PROSPECT COTTAGE has not materially changed since October 1998.

How Large is PROSPECT COTTAGE?

PROSPECT COTTAGE is 144m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 40% of detached houses houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Henfield, and where PROSPECT COTTAGE lies on this distribution: 65% of detached houses houses are smaller than PROSPECT COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Henfield.

PROSPECT COTTAGE: Plot and Title Map

PROSPECT COTTAGE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of PROSPECT 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 PROSPECT 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 PROSPECT COTTAGE?

PROSPECT COTTAGE is located on GOLDEN SQUARE in HENFIELD, in the BN5 postcode district. The below map shows the position of PROSPECT COTTAGE on GOLDEN SQUARE.