2, BRIDGE ROAD, RUDGWICK, HORSHAM, RH12 3HD - £515,000

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.

2 BRIDGE ROAD is a very small extended detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £691,484. It was last sold for £515,000 in March 2015, which was around 9% below the average March 2015 detached price in the Horsham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

2 BRIDGE ROAD Sold Prices

Land registry data shows two sales for 2 BRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. Both of the two 2 BRIDGE ROAD 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
2015 30 MAR	£515,000	£567,883	9% below HPI
2005 19 DEC	£275,000	£400,051	31% below HPI

2 BRIDGE ROAD 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 two 2 BRIDGE ROAD sales from December 2005 and March 2015 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 December 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 BRIDGE ROAD be worth now?

2 BRIDGE ROAD might now be worth an estimated £691,484.

This is based on house price inflation of 34.3%, between March 2015 and March 2025, 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 34.3% inflationary increase is applied to the most recent sale price for 2 BRIDGE ROAD of £515,000 on 30th March 2015. For the value to have increased from £515,000 to £691,484 over the ten years to March 2025, the following assumptions must hold true:

• The value of 2 BRIDGE ROAD has moved in line with the HPI for detached houses in the Horsham local authority area.
• The March 2015 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BRIDGE ROAD has not materially changed since March 2015.

How Large is 2 BRIDGE ROAD?

2 BRIDGE ROAD is 73m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses houses in Rudgwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rudgwick, and where 2 BRIDGE ROAD lies on this distribution: 3% of detached houses houses are smaller than 2 BRIDGE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Rudgwick.

2 BRIDGE ROAD: Plot and Title Map

2 BRIDGE ROAD sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 2 BRIDGE ROAD, 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 2 BRIDGE ROAD). 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 2 BRIDGE ROAD?

2 BRIDGE ROAD is located in RUDGWICK, in the RH12 postcode district. The below map shows the position of No. 2 on BRIDGE ROAD.