3, CROFT WAY, HORSHAM, RH12 2AS - £525,000

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.

3 CROFT WAY is a large extended semi-detached house of 150m², built sometime between 1950 and 1966, which could now be worth an estimated £607,593. It was last sold for £525,000 in February 2020, which was around 34% above the average February 2020 semi-detached price in the Horsham local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was C.

3 CROFT WAY Sold Prices

Land registry data shows two sales for 3 CROFT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Horsham local authority area for the corresponding sale date. Both of the two 3 CROFT WAY 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
2020 14 FEB	£525,000	£392,084	34% above HPI
1995 30 MAR	£84,000	£81,854	3% above HPI

3 CROFT WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Horsham local authority area over time, sourced from the HPI. The two 3 CROFT WAY sales from March 1995 and February 2020 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 March 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2020 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 3 CROFT WAY be worth now?

3 CROFT WAY might now be worth an estimated £607,593.

This is based on house price inflation of 15.7%, between February 2020 and February 2025, for semi-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 15.7% inflationary increase is applied to the most recent sale price for 3 CROFT WAY of £525,000 on 14th February 2020. For the value to have increased from £525,000 to £607,593 over the five years to February 2025, the following assumptions must hold true:

• The value of 3 CROFT WAY has moved in line with the HPI for semi-detached houses in the Horsham local authority area.
• The February 2020 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CROFT WAY has not materially changed since February 2020.

How Large is 3 CROFT WAY?

3 CROFT WAY is 150m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of semi-detached houses houses in Horsham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horsham, and where 3 CROFT WAY lies on this distribution: 72% of semi-detached houses houses are smaller than 3 CROFT WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Horsham.

3 CROFT WAY: Plot and Title Map

3 CROFT WAY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 3 CROFT WAY, 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 3 CROFT WAY). 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 3 CROFT WAY?

3 CROFT WAY is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 3 on CROFT WAY.