CONIFERS, FIR TREE CLOSE, PLUMMERS PLAIN, HORSHAM, RH13 6NT - £475,000

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.

CONIFERS is a small extended detached house of 125m², built sometime between 1967 and 1975, which could now be worth an estimated £601,786. It was last sold for £475,000 in June 2016, which was around 22% below the average June 2016 detached price in the Horsham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

CONIFERS Sold Prices

Land registry data shows four sales for CONIFERS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four CONIFERS sales 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
2016 10 JUN	£475,000	£610,924	22% below HPI
2005 30 JUN	£280,000	£389,752	28% below HPI
2003 29 AUG	£275,000	£368,535	25% below HPI
2000 1 NOV	£226,500	£270,852	16% below HPI

CONIFERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The four CONIFERS sales between November 2000 and June 2016 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 June 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might CONIFERS be worth now?

CONIFERS might now be worth an estimated £601,786.

This is based on house price inflation of 26.7%, between June 2016 and June 2025, for 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 26.7% inflationary increase is applied to the most recent sale price for CONIFERS of £475,000 on 10th June 2016. For the value to have increased from £475,000 to £601,786 over the nine years to June 2025, the following assumptions must hold true:

• The value of CONIFERS has moved in line with the HPI for detached houses in the Horsham local authority area.
• The June 2016 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of CONIFERS has not materially changed since June 2016.

How Large is CONIFERS?

CONIFERS is 125m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of detached houses houses in Lower Beeding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lower Beeding, and where CONIFERS lies on this distribution: 38% of detached houses houses are smaller than CONIFERS, and 58% of houses are larger. Note that EPC data is not available for all properties in Lower Beeding.

CONIFERS: Plot and Title Map

CONIFERS sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of CONIFERS, 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 CONIFERS). 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 CONIFERS?

CONIFERS is located on FIR TREE CLOSE in PLUMMERS PLAIN, in the RH13 postcode district. The below map shows the position of CONIFERS on FIR TREE CLOSE.