THE FRITH, FORGE WAY, BILLINGSHURST, RH14 9LL - £325,000

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

THE FRITH is a midsized detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £547,190. It was last sold for £325,000 in November 2009, which was around 25% below the average November 2009 detached price in the Horsham local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

THE FRITH Sold Prices

Land registry data shows four sales for THE FRITH 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 THE FRITH 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
2009 20 NOV	£325,000	£436,160	25% below HPI
2004 28 JAN	£289,950	£369,107	21% below HPI
2002 22 FEB	£226,250	£301,812	25% below HPI
2001 1 MAR	£200,000	£266,051	25% below HPI

THE FRITH 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 THE FRITH sales between March 2001 and November 2009 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2009 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might THE FRITH be worth now?

THE FRITH might now be worth an estimated £547,190.

This is based on house price inflation of 68.4%, between November 2009 and December 2024, 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 68.4% inflationary increase is applied to the most recent sale price for THE FRITH of £325,000 on 20th November 2009. For the value to have increased from £325,000 to £547,190 over the fourteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of THE FRITH has moved in line with the HPI for detached houses in the Horsham local authority area.
• The November 2009 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of THE FRITH has not materially changed since November 2009.

How Large is THE FRITH?

THE FRITH is 116m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 50% of detached houses houses in Billingshurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingshurst, and where THE FRITH lies on this distribution: 41% of detached houses houses are smaller than THE FRITH, and 59% of houses are larger. Note that EPC data is not available for all properties in Billingshurst.

THE FRITH: Plot and Title Map

THE FRITH sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of THE FRITH, 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 FRITH). 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 FRITH?

THE FRITH is located on FORGE WAY in BILLINGSHURST, in the RH14 postcode district. The below map shows the position of THE FRITH on FORGE WAY.