3, FARRIERS CLOSE, BILLINGSHURST, RH14 9LT - £420,000

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 FARRIERS CLOSE is a very small extended terraced house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £448,085. It was last sold for £420,000 in March 2022, which was around 23% above the average March 2022 terraced price in the Horsham local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

3 FARRIERS CLOSE Sold Prices

Land registry data shows three sales for 3 FARRIERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Horsham local authority area for the corresponding sale date. All of the three 3 FARRIERS 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
2022 14 MAR	£420,000	£341,898	23% above HPI
2005 9 DEC	£230,000	£199,278	15% above HPI
1999 30 JUN	£117,000	£90,014	30% above HPI

3 FARRIERS 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 three 3 FARRIERS CLOSE sales between June 1999 and March 2022 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 3 FARRIERS CLOSE be worth now?

3 FARRIERS CLOSE might now be worth an estimated £448,085.

This is based on house price inflation of 6.7%, between March 2022 and April 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 6.7% inflationary increase is applied to the most recent sale price for 3 FARRIERS CLOSE of £420,000 on 14th March 2022. For the value to have increased from £420,000 to £448,085 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 3 FARRIERS CLOSE has moved in line with the HPI for terraced houses in the Horsham local authority area.
• The March 2022 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FARRIERS CLOSE has not materially changed since March 2022.

How Large is 3 FARRIERS CLOSE?

3 FARRIERS CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of terraced houses houses in Billingshurst, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Billingshurst, and where 3 FARRIERS CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 3 FARRIERS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Billingshurst.

3 FARRIERS CLOSE: Plot and Title Map

3 FARRIERS CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 3 FARRIERS 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 3 FARRIERS 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 3 FARRIERS CLOSE?

3 FARRIERS CLOSE is located in BILLINGSHURST, in the RH14 postcode district. The below map shows the position of No. 3 on FARRIERS CLOSE.