According to the public record, Orchid Lodge, Horsham is a modern freehold house with 5,005 ft2 of internal area and sits on a 1,167 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Kerves Lane, Horsham, RH13 is located in the borough of Horsham within the RH13 postal district.
Orchid Lodge, Horsham has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Orchid Lodge Horsham as £1,472,192 and the rental value as £4,169 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Orchid Lodge Horsham has decreased by £6,945 (0.5%) and its rental value has increased by £145 per month (3.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Orchid Lodge, Horsham is in very good condition we estimate a sale value of £1,545,801 and rental value of £4,378 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,369,138 and a rental value of £3,877 per month.
If you were able to purchase this property for the estimated value of £1,472,192, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,235 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, Orchid Lodge, Horsham sits on a plot of 1167m2.
We have plot size data on 5 out of 6 other houses in the postcode and Orchid Lodge, Horsham sits on the largest plot.
According to HM Land Registry, Orchid Lodge, Horsham was last sold on 07 Jul 2015 for £482,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 26.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 750 metres radius of Orchid Lodge, Horsham over the last 2 years.
The most recent example is 140, Brighton Road, Horsham, RH13 6EY, a Freehold house which sold for £572,500 in Mar 2021.
Read more about house prices in RH13.
Kerves Lane, Horsham, RH13 has a total of 61 addresses. According to our analysis of all the public data, Orchid Lodge, Horsham is the 4th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £955k more expensive than the average property in RH13.
Orchid Lodge, Horsham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Orchid Lodge, Horsham is Horsham station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Orchid Lodge, Horsham, 62.0% of property is privately owned outright and 30.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Orchid Lodge, Horsham, 18.9% of residents are recorded as possessing school level qualifications and 43.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Orchid Lodge, Horsham, the average age was 43 and the most common age was 12.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Orchid Lodge, Horsham, 3.9% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Orchid Lodge, Horsham, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.