16, CRAFTS LANE, PETERSFIELD, GU31 4QQ - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 CRAFTS LANE is a very small detached house of 89m², built sometime between 2003 and 2006. It was last sold for £500,000 in June 2021, which was around 16% below the average June 2021 detached price in the East Hampshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

16 CRAFTS LANE Sold Prices

Land registry data shows two sales for 16 CRAFTS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Both of the two 16 CRAFTS LANE 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
2021 30 JUN	£500,000	£592,493	16% below HPI
2004 9 SEP	£265,000	£334,564	21% below HPI

16 CRAFTS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two 16 CRAFTS LANE sales from September 2004 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 September 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 16 CRAFTS LANE?

16 CRAFTS LANE is 89m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses in Petersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Petersfield, and where 16 CRAFTS LANE lies on this distribution: 14% of detached houses are smaller than 16 CRAFTS LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Petersfield.

16 CRAFTS LANE: Plot and Title Map

16 CRAFTS LANE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 16 CRAFTS LANE, 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 16 CRAFTS LANE). 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 16 CRAFTS LANE?

16 CRAFTS LANE is located in PETERSFIELD, in the GU31 postcode district. The below map shows the position of No. 16 on CRAFTS LANE.