THE BRADELLS, NORTH HEATH LANE, HORSHAM, RH12 5PJ - £326,000

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.

THE BRADELLS is a very small semi-detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £378,310. It was last sold for £326,000 in June 2021, which was around 17% below the average June 2021 semi-detached price in the Horsham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

THE BRADELLS Sold Prices

Land registry data shows three sales for THE BRADELLS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Horsham local authority area for the corresponding sale date. All of the three THE BRADELLS 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
2021 30 JUN	£326,000	£391,023	17% below HPI
2007 12 JAN	£204,000	£261,832	22% below HPI
1999 31 MAR	£86,500	£105,585	18% below HPI

THE BRADELLS 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 three THE BRADELLS sales between March 1999 and June 2021 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 January 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might THE BRADELLS be worth now?

THE BRADELLS might now be worth an estimated £378,310.

This is based on house price inflation of 16%, between June 2021 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 16% inflationary increase is applied to the most recent sale price for THE BRADELLS of £326,000 on 30th June 2021. For the value to have increased from £326,000 to £378,310 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of THE BRADELLS has moved in line with the HPI for semi-detached houses in the Horsham local authority area.
• The June 2021 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of THE BRADELLS has not materially changed since June 2021.

How Large is THE BRADELLS?

THE BRADELLS is 69m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of semi-detached houses houses in Horsham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horsham, and where THE BRADELLS lies on this distribution: 3% of semi-detached houses houses are smaller than THE BRADELLS, and 96% of houses are larger. Note that EPC data is not available for all properties in Horsham.

THE BRADELLS: Plot and Title Map

THE BRADELLS sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of THE BRADELLS, 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 THE BRADELLS). 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 THE BRADELLS?

THE BRADELLS is located on NORTH HEATH LANE in HORSHAM, in the RH12 postcode district. The below map shows the position of THE BRADELLS on NORTH HEATH LANE.