8, LOWER BARN CLOSE, HORSHAM, RH12 4AZ - £330,000

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.

8 LOWER BARN CLOSE is a very small terraced house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £385,055. It was last sold for £330,000 in May 2021, which was around 4% above the average May 2021 terraced price in the Horsham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

8 LOWER BARN CLOSE Sold Prices

Land registry data shows three sales for 8 LOWER BARN 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. The three 8 LOWER BARN CLOSE sales were a mix of above the average price, and roughly equal to 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
2021 28 MAY	£330,000	£317,557	4% above HPI
1999 19 FEB	£88,000	£84,107	5% above HPI
1995 15 DEC	£62,500	£62,257	Close to HPI

8 LOWER BARN 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 8 LOWER BARN CLOSE sales between December 1995 and May 2021 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 February 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 8 LOWER BARN CLOSE be worth now?

8 LOWER BARN CLOSE might now be worth an estimated £385,055.

This is based on house price inflation of 16.7%, between May 2021 and May 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 16.7% inflationary increase is applied to the most recent sale price for 8 LOWER BARN CLOSE of £330,000 on 28th May 2021. For the value to have increased from £330,000 to £385,055 over the five years to May 2026, the following assumptions must hold true:

• The value of 8 LOWER BARN CLOSE has moved in line with the HPI for terraced houses in the Horsham local authority area.
• The May 2021 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LOWER BARN CLOSE has not materially changed since May 2021.

How Large is 8 LOWER BARN CLOSE?

8 LOWER BARN CLOSE is 83m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of terraced houses houses in Horsham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horsham, and where 8 LOWER BARN CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 8 LOWER BARN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Horsham.

8 LOWER BARN CLOSE: Plot and Title Map

8 LOWER BARN CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 8 LOWER BARN 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 8 LOWER BARN 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 8 LOWER BARN CLOSE?

8 LOWER BARN CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 8 on LOWER BARN CLOSE.