3, LOWER FAIRCOX, HENFIELD, BN5 9UT - £448,000

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 LOWER FAIRCOX is a very small extended semi-detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £461,519. It was last sold for £448,000 in October 2022, which was about the average October 2022 semi-detached price in the Horsham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

3 LOWER FAIRCOX Sold Prices

Land registry data shows two sales for 3 LOWER FAIRCOX 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. One of the two 3 LOWER FAIRCOX sales was roughly equal to the average price, whilst the other was 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
2022 14 OCT	£448,000	£448,067	Close to HPI
2017 21 JUL	£320,000	£383,907	17% below HPI

3 LOWER FAIRCOX 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 LOWER FAIRCOX sales from July 2017 and October 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 July 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 LOWER FAIRCOX be worth now?

3 LOWER FAIRCOX might now be worth an estimated £461,519.

This is based on house price inflation of 3%, between October 2022 and May 2026, 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 3% inflationary increase is applied to the most recent sale price for 3 LOWER FAIRCOX of £448,000 on 14th October 2022. For the value to have increased from £448,000 to £461,519 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 3 LOWER FAIRCOX has moved in line with the HPI for semi-detached houses in the Horsham local authority area.
• The October 2022 sale price of £448,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LOWER FAIRCOX has not materially changed since October 2022.

How Large is 3 LOWER FAIRCOX?

3 LOWER FAIRCOX is 94m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of semi-detached houses houses in Henfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Henfield, and where 3 LOWER FAIRCOX lies on this distribution: 17% of semi-detached houses houses are smaller than 3 LOWER FAIRCOX, and 83% of houses are larger. Note that EPC data is not available for all properties in Henfield.

3 LOWER FAIRCOX: Plot and Title Map

3 LOWER FAIRCOX sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 3 LOWER FAIRCOX, 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 LOWER FAIRCOX). 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 LOWER FAIRCOX?

3 LOWER FAIRCOX is located in HENFIELD, in the BN5 postcode district. The below map shows the position of No. 3 on LOWER FAIRCOX.