HOMELEE, STATION ROAD, HENFIELD, BN5 9UP - £410,000

HOMELEE is a small semi-detached house of 106m², built sometime between 1950 and 1966. It was last sold for £410,000 in February 2016, which was around 27% below the average February 2016 detached price in the Horsham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

HOMELEE Sold Prices

Land registry data shows three sales for HOMELEE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the three HOMELEE 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 12 FEB	£410,000	£564,126	27% below HPI
2004 30 JUL	£272,000	£357,167	24% below HPI
2002 17 DEC	£185,000	£330,243	44% below HPI

HOMELEE 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 three HOMELEE sales between December 2002 and February 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 July 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is HOMELEE?

HOMELEE is 106m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses by size in Henfield, and where HOMELEE lies on this distribution: 29% of detached houses are smaller than HOMELEE, and 69% of houses are larger. Note that EPC data is not available for all properties in Henfield.

HOMELEE: Plot and Title Map

HOMELEE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of HOMELEE, 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 HOMELEE). 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 HOMELEE?

HOMELEE is located on STATION ROAD in HENFIELD, in the BN5 postcode district. The below map shows the position of HOMELEE on STATION ROAD.