9, SPINNEY CLOSE, HORSHAM, RH12 4PL - £210,000

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.

9 SPINNEY CLOSE is a midsized extended terraced house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £392,721. It was last sold for £210,000 in February 2006, which was around 6% above the average February 2006 terraced price in the Horsham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

9 SPINNEY CLOSE Sold Prices

Land registry data shows three sales for 9 SPINNEY 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 9 SPINNEY 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
2006 23 FEB	£210,000	£198,137	6% above HPI
2003 14 NOV	£184,950	£170,664	8% above HPI
1999 26 FEB	£89,000	£84,107	6% above HPI

9 SPINNEY 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 9 SPINNEY CLOSE sales between February 1999 and February 2006 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 November 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2006 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 9 SPINNEY CLOSE be worth now?

9 SPINNEY CLOSE might now be worth an estimated £392,721.

This is based on house price inflation of 87%, between February 2006 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 87% inflationary increase is applied to the most recent sale price for 9 SPINNEY CLOSE of £210,000 on 23rd February 2006. For the value to have increased from £210,000 to £392,721 over the nineteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 9 SPINNEY CLOSE has moved in line with the HPI for terraced houses in the Horsham local authority area.
• The February 2006 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPINNEY CLOSE has not materially changed since February 2006.

How Large is 9 SPINNEY CLOSE?

9 SPINNEY CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% 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 9 SPINNEY CLOSE lies on this distribution: 40% of terraced houses houses are smaller than 9 SPINNEY CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Horsham.

9 SPINNEY CLOSE: Plot and Title Map

9 SPINNEY CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 9 SPINNEY 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 9 SPINNEY 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 9 SPINNEY CLOSE?

9 SPINNEY CLOSE is located in HORSHAM, in the RH12 postcode district. The below map shows the position of No. 9 on SPINNEY CLOSE.