SUMMER COTTAGE, CHURCH STREET, HENFIELD, BN5 9NR - £475,000

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.

SUMMER COTTAGE is a very small extended detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £475,446. It was last sold for £475,000 in August 2022, which was around 37% below the average August 2022 detached price in the Horsham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

SUMMER COTTAGE Sold Prices

Land registry data shows four sales for SUMMER COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four SUMMER 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
2022 5 AUG	£475,000	£749,742	37% below HPI
2010 16 JUL	£330,000	£464,630	29% below HPI
2006 23 JAN	£292,000	£404,705	28% below HPI
2002 13 JUN	£195,000	£301,526	35% below HPI

SUMMER 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 four SUMMER COTTAGE sales between June 2002 and August 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 July 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might SUMMER COTTAGE be worth now?

SUMMER COTTAGE might now be worth an estimated £475,446.

This is based on house price inflation of 0.1%, between August 2022 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 0.1% inflationary increase is applied to the most recent sale price for SUMMER COTTAGE of £475,000 on 5th August 2022. For the value to have increased from £475,000 to £475,446 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of SUMMER COTTAGE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The August 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of SUMMER COTTAGE has not materially changed since August 2022.

How Large is SUMMER COTTAGE?

SUMMER COTTAGE is 82m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% 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 SUMMER COTTAGE lies on this distribution: 9% of detached houses houses are smaller than SUMMER COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Henfield.

SUMMER COTTAGE: Plot and Title Map

SUMMER COTTAGE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of SUMMER 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 SUMMER 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 SUMMER COTTAGE?

SUMMER COTTAGE is located on CHURCH STREET in HENFIELD, in the BN5 postcode district. The below map shows the position of SUMMER COTTAGE on CHURCH STREET.