WHEELS, STATION ROAD, HENFIELD, BN5 9UP - £385,000

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

WHEELS is a very small semi-detached house of 80m², built sometime between 1950 and 1966. It was last sold for £385,000 in October 2021, which was around 41% below the average October 2021 detached price in the Horsham local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

WHEELS Sold Prices

Land registry data shows three sales for WHEELS 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 WHEELS 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 28 OCT	£385,000	£652,579	41% below HPI
2017 23 NOV	£320,000	£612,362	48% below HPI
2008 1 FEB	£221,000	£442,768	50% below HPI

WHEELS 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 WHEELS sales between February 2008 and October 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 November 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is WHEELS?

WHEELS is 80m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses by size in Henfield, and where WHEELS lies on this distribution: 8% of detached houses are smaller than WHEELS, and 92% of houses are larger. Note that EPC data is not available for all properties in Henfield.

WHEELS: Plot and Title Map

WHEELS sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of WHEELS, 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 WHEELS). 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 WHEELS?

WHEELS is located on STATION ROAD in HENFIELD, in the BN5 postcode district. The below map shows the position of WHEELS on STATION ROAD.