11, SPINNEY CLOSE, HORSHAM, RH12 4PL - £263,500

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.

11 SPINNEY CLOSE is a very small terraced house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £420,333. It was last sold for £263,500 in July 2012, which was around 13% above the average July 2012 terraced price in the Horsham local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

11 SPINNEY CLOSE Sold Prices

Land registry data shows four sales for 11 SPINNEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Horsham local authority area for the corresponding sale date. All of the four 11 SPINNEY CLOSE sales were for above 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
2012 12 JUL	£263,500	£232,283	13% above HPI
2006 12 APR	£229,950	£198,371	16% above HPI
2001 5 OCT	£156,500	£127,230	23% above HPI
1997 20 FEB	£77,500	£65,836	18% above HPI

11 SPINNEY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Horsham local authority area over time, sourced from the HPI. The four 11 SPINNEY CLOSE sales between February 1997 and July 2012 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 April 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2012 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 11 SPINNEY CLOSE be worth now?

11 SPINNEY CLOSE might now be worth an estimated £420,333.

This is based on house price inflation of 59.5%, between July 2012 and May 2026, for terraced 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 59.5% inflationary increase is applied to the most recent sale price for 11 SPINNEY CLOSE of £263,500 on 12th July 2012. For the value to have increased from £263,500 to £420,333 over the fourteen years and two months to May 2026, the following assumptions must hold true:

• The value of 11 SPINNEY CLOSE has moved in line with the HPI for terraced houses in the Horsham local authority area.
• The July 2012 sale price of £263,500 represented a fair market value for the property.
• The size, condition, and specification of 11 SPINNEY CLOSE has not materially changed since July 2012.

How Large is 11 SPINNEY CLOSE?

11 SPINNEY CLOSE is 83m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 20% of terraced houses houses in Horsham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horsham, and where 11 SPINNEY CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 11 SPINNEY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Horsham.

11 SPINNEY CLOSE: Plot and Title Map

11 SPINNEY CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 11 SPINNEY CLOSE, 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 11 SPINNEY CLOSE). 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 11 SPINNEY CLOSE?

11 SPINNEY CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 11 on SPINNEY CLOSE.