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House Prices in BN5

The average house price in BN5 (Henfield) is £585,000 using HM Land Registry data.

The average property price increased by £137,403 (20.44%) over the last 5 years and increased by £27,531 (3.2%) over the last 12 months.

Over the last year, there were 81 residential property sales – a decrease of 12 transactions (-14.81%) relative to the previous year. The majority of house sales (20) were in the £310,000 - £440,000 range. Then came properties in the £440,000 - £570,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-29,392 (-5%).

In Oct 24, there were 16 new estate agency instructions, 13 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in BN5 (Henfield)

20.44%

Property prices in Henfield increased by 20.44% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in BN5 (Henfield) Over the Last Year

3.2%

Property prices in Henfield increased by 3.2% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for BN5 (Henfield) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in BN5 (Henfield)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in BN5 (Henfield)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in BN5 (Henfield)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the BN5 (Henfield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BN5 postcode area since 1995.

Recent Sales in BN5 (Henfield)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
15 Cedar Way, Henfield, West Sussex, BN5 9RZ	£675,000	£665,000	-£10,000	25 Oct 2023	08 Aug 2024	288 Days
13 Mill Drive, Henfield, West Sussex, BN5 9RY	£745,000	£740,000	-£5,000	28 Feb 2024	13 Jun 2024	106 Days
Cobbalds, Station Road, Henfield, West Sussex, BN5 9UP	£675,000	£633,000	-£42,000	02 Jan 2024	11 Jun 2024	161 Days
63 Furners Mead, Henfield, West Sussex, BN5 9JA	£725,000	£680,000	-£45,000	29 Aug 2023	29 May 2024	274 Days
6 Henfield Road, Small Dole, Henfield, West Sussex, BN5 9XE	£325,000	£302,500	-£22,500	01 Feb 2024	15 May 2024	104 Days
17 Benson Road, Henfield, West Sussex, BN5 9HY	£395,000	£385,000	-£10,000	24 Oct 2023	08 Mar 2024	136 Days
Dykeview Cottage, Dagbrook Lane, Henfield, West Sussex, BN5 9SH	£850,000	£800,000	-£50,000	31 Jul 2023	22 Feb 2024	206 Days
Gainsborough, Wheatsheaf Road, Henfield, West Sussex, BN5 9AP	£1,350,000	£1,235,000	-£115,000	20 Sep 2023	22 Feb 2024	155 Days
4 The Daisy Croft, Henfield, West Sussex, BN5 9LH	£625,000	£600,000	-£25,000	03 May 2023	19 Feb 2024	292 Days
3 Flower Farm Close, Henfield, West Sussex, BN5 9QA	£435,000	£400,000	-£35,000	07 Jul 2023	06 Feb 2024	214 Days
Copper Beeches, Upper Station Road, Henfield, West Sussex, BN5 9PL	£785,000	£750,000	-£35,000	18 Sep 2023	22 Jan 2024	126 Days
7 Beechwood, Small Dole, Henfield, West Sussex, BN5 9YS	£1,100,000	£1,025,000	-£75,000	25 Sep 2023	10 Jan 2024	107 Days
47 Broomfield Road, Henfield, West Sussex, BN5 9UD	£635,000	£605,000	-£30,000	17 Mar 2023	05 Jan 2024	294 Days
28 Mallard Way, Henfield, West Sussex, BN5 9HF	£795,000	£780,000	-£15,000	01 Jun 2023	05 Dec 2023	187 Days
Wayside, West End Lane, Henfield, West Sussex, BN5 9RA	£475,000	£444,000	-£31,000	28 Jun 2023	27 Nov 2023	152 Days
73 Parsonage Road, Henfield, West Sussex, BN5 9HZ	£675,000	£572,000	-£103,000	24 Aug 2022	20 Nov 2023	453 Days
Little Bylsborough, Furners Lane, Woodmancote, Henfield, West Sussex, BN5 9AE	£735,000	£615,000	-£120,000	06 Apr 2023	17 Nov 2023	225 Days
19 Benson Road, Henfield, West Sussex, BN5 9HY	£425,000	£400,000	-£25,000	26 Jan 2023	17 Nov 2023	295 Days
Pinecroft, Flower Farm Close, Henfield, West Sussex, BN5 9QA	£495,000	£460,000	-£35,000	24 Jul 2023	13 Nov 2023	112 Days
59 Parsonage Road, Henfield, West Sussex, BN5 9HZ	£525,000	£512,500	-£12,500	08 Jun 2023	26 Oct 2023	140 Days

Most Expensive Streets in BN5 (Henfield)

Postcode	Street	Area	Average	No. of Sales
BN5 9ST	Brighton Road, Woodmancote	Henfield	£1,407,000	3
BN5 9LN	Edburton Road, Edburton	Henfield	£1,316,666	3
BN5 9DN	Barrow Hill	Henfield	£1,161,666	6
BN5 9YT	Silver Birches, Small Dole	Henfield	£1,072,125	8
BN5 9RL	Henfield Common North	Henfield	£994,312	4
BN5 9YR	Hoewood, Small Dole	Henfield	£982,750	4
BN5 9TG	Bramlands Lane, Woodmancote	Henfield	£820,000	4
BN5 9UY	The Hooks	Henfield	£794,000	5
BN5 9RY	Mill Drive	Henfield	£765,200	5
BN5 9DY	Nep Town Road	Henfield	£726,666	3

Least Expensive Streets in BN5 (Henfield)

Postcode	Street	Area	Average	No. of Sales
BN5 9DB	Brick Lane, High Street, Henfield	Henfield	£198,333	3
BN5 9QB	Northcroft	Henfield	£225,666	3
BN5 9ET	Weavers Cottages, Weavers Lane	Henfield	£255,607	7
BN5 9EG	Springhills	Henfield	£276,786	18
BN5 9XE	Henfield Road, Small Dole	Henfield	£303,840	11
BN5 9LB	Manor Close	Henfield	£313,000	4
BN5 9XT	Henfield Road, Small Dole	Henfield	£323,166	3
BN5 9PN	Staples Barn	Henfield	£323,333	3
BN5 9PP	Staples Barn	Henfield	£338,666	3
BN5 9JR	Wantley Hill Estate	Henfield	£349,500	5