STOCKLANDS, SPENCERS PLACE, HORSHAM, RH12 2EZ - £325,000

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.

STOCKLANDS is a very small detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £480,629. It was last sold for £325,000 in February 2014, which was around 37% below the average February 2014 detached price in the Horsham local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

STOCKLANDS Sold Prices

Land registry data shows three sales for STOCKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the three STOCKLANDS 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
2014 12 FEB	£325,000	£515,593	37% below HPI
1998 7 AUG	£129,500	£195,156	34% below HPI
1996 14 JUN	£88,000	£139,904	37% below HPI

STOCKLANDS 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 three STOCKLANDS sales between June 1996 and February 2014 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 August 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might STOCKLANDS be worth now?

STOCKLANDS might now be worth an estimated £480,629.

This is based on house price inflation of 47.9%, between February 2014 and March 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 47.9% inflationary increase is applied to the most recent sale price for STOCKLANDS of £325,000 on 12th February 2014. For the value to have increased from £325,000 to £480,629 over the ten years and eleven months to March 2025, the following assumptions must hold true:

• The value of STOCKLANDS has moved in line with the HPI for detached houses in the Horsham local authority area.
• The February 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of STOCKLANDS has not materially changed since February 2014.

How Large is STOCKLANDS?

STOCKLANDS is 79m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horsham, and where STOCKLANDS lies on this distribution: 9% of detached houses houses are smaller than STOCKLANDS, and 91% of houses are larger. Note that EPC data is not available for all properties in Horsham.

STOCKLANDS: Plot and Title Map

STOCKLANDS sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of STOCKLANDS, 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 STOCKLANDS). 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 STOCKLANDS?

STOCKLANDS is located on SPENCERS PLACE in HORSHAM, in the RH12 postcode district. The below map shows the position of STOCKLANDS on SPENCERS PLACE.