THE LAURELS, NEP TOWN ROAD, HENFIELD, BN5 9DY - £470,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

THE LAURELS is a very small extended semi-detached house of 90m², built sometime between 1900 and 1929. It was last sold for £470,000 in June 2024, which was around 30% below the average June 2024 detached price in the Horsham local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

THE LAURELS Sold Prices

Land registry data shows four sales for THE LAURELS 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 LAURELS 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
2024 14 JUN	£470,000	£672,427	30% below HPI
2010 18 JUN	£350,000	£422,133	17% below HPI
2003 4 DEC	£228,000	£336,206	32% below HPI
1995 29 SEP	£72,500	£126,194	43% below HPI

THE LAURELS 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 LAURELS sales between September 1995 and June 2024 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 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is THE LAURELS?

THE LAURELS is 90m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses by size in Henfield, and where THE LAURELS lies on this distribution: 14% of detached houses are smaller than THE LAURELS, and 86% of houses are larger. Note that EPC data is not available for all properties in Henfield.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on NEP TOWN ROAD in HENFIELD, in the BN5 postcode district. The below map shows the position of THE LAURELS on NEP TOWN ROAD.