38, VALE DRIVE, HORSHAM, RH12 2JX - £550,000

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.

38 VALE DRIVE is a midsized extended semi-detached house of 126m², built sometime between 1930 and 1949, which could now be worth an estimated £647,541. It was last sold for £550,000 in December 2020, which was around 42% above the average December 2020 semi-detached price in the Horsham local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

38 VALE DRIVE Sold Prices

Land registry data shows three sales for 38 VALE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Horsham local authority area for the corresponding sale date. One of the three 38 VALE DRIVE sales was for above the average price, whilst two 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
2020 1 DEC	£550,000	£388,541	42% above HPI
2012 26 OCT	£250,000	£280,159	11% below HPI
2008 31 MAR	£120,000	£288,192	58% below HPI

38 VALE DRIVE 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 three 38 VALE DRIVE sales between March 2008 and December 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 October 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2020 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 38 VALE DRIVE be worth now?

38 VALE DRIVE might now be worth an estimated £647,541.

This is based on house price inflation of 17.7%, between December 2020 and July 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 17.7% inflationary increase is applied to the most recent sale price for 38 VALE DRIVE of £550,000 on 1st December 2020. For the value to have increased from £550,000 to £647,541 over the five years and five months to July 2025, the following assumptions must hold true:

• The value of 38 VALE DRIVE has moved in line with the HPI for semi-detached houses in the Horsham local authority area.
• The December 2020 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 38 VALE DRIVE has not materially changed since December 2020.

How Large is 38 VALE DRIVE?

38 VALE DRIVE is 126m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% 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 38 VALE DRIVE lies on this distribution: 53% of semi-detached houses houses are smaller than 38 VALE DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Horsham.

38 VALE DRIVE: Plot and Title Map

38 VALE DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 38 VALE DRIVE, 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 38 VALE DRIVE). 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 38 VALE DRIVE?

38 VALE DRIVE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 38 on VALE DRIVE.