MERRIMEET, KERVES LANE, HORSHAM, RH13 6ET - £1,075,000

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.

MERRIMEET is a very large extended detached house of 202m², built sometime between 1967 and 1975, which could now be worth an estimated £1,246,077. It was last sold for £1,075,000 in June 2021, which was around 63% above the average June 2021 detached price in the Horsham local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was C.

MERRIMEET Sold Prices

Land registry data shows three sales for MERRIMEET 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 MERRIMEET 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
2021 24 JUN	£1,075,000	£657,805	63% above HPI
2008 29 AUG	£710,000	£467,355	52% above HPI
2006 16 OCT	£560,000	£424,037	32% above HPI

MERRIMEET 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 MERRIMEET sales between October 2006 and June 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 August 2008 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the June 2021 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might MERRIMEET be worth now?

MERRIMEET might now be worth an estimated £1,246,077.

This is based on house price inflation of 15.9%, between June 2021 and March 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 15.9% inflationary increase is applied to the most recent sale price for MERRIMEET of £1,075,000 on 24th June 2021. For the value to have increased from £1,075,000 to £1,246,077 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of MERRIMEET has moved in line with the HPI for detached houses in the Horsham local authority area.
• The June 2021 sale price of £1,075,000 represented a fair market value for the property.
• The size, condition, and specification of MERRIMEET has not materially changed since June 2021.

How Large is MERRIMEET?

MERRIMEET is 202m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the largest 10% of detached houses houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horsham, and where MERRIMEET lies on this distribution: 91% of detached houses houses are smaller than MERRIMEET, and 9% of houses are larger. Note that EPC data is not available for all properties in Horsham.

MERRIMEET: Plot and Title Map

MERRIMEET sits on a plot of roughly 0.212 of an acre, or 856m². The below map shows the location of MERRIMEET, 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 MERRIMEET). 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 MERRIMEET?

MERRIMEET is located on KERVES LANE in HORSHAM, in the RH13 postcode district. The below map shows the position of MERRIMEET on KERVES LANE.