2, ELM TREE COTTAGES, PRINSTED LANE, PRINSTED, EMSWORTH, PO10 8HS - £545,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 ELM TREE COTTAGES is a very small extended semi-detached house of 85m², built sometime before 1900. It was last sold for £545,000 in July 2024, which was around 22% below the average July 2024 detached price in the Chichester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

2 ELM TREE COTTAGES Sold Prices

Land registry data shows three sales for 2 ELM TREE COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 2 ELM TREE COTTAGES 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
2024 15 JUL	£545,000	£697,028	22% below HPI
2021 16 APR	£595,000	£612,492	3% below HPI
2015 6 NOV	£372,500	£544,508	32% below HPI

2 ELM TREE COTTAGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The three 2 ELM TREE COTTAGES sales between November 2015 and July 2024 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 April 2021 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 ELM TREE COTTAGES?

2 ELM TREE COTTAGES is 85m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Southbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Southbourne, and where 2 ELM TREE COTTAGES lies on this distribution: 16% of detached houses are smaller than 2 ELM TREE COTTAGES, and 83% of houses are larger. Note that EPC data is not available for all properties in Southbourne.

2 ELM TREE COTTAGES: Plot and Title Map

2 ELM TREE COTTAGES sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 2 ELM TREE COTTAGES, 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 2 ELM TREE COTTAGES). 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 2 ELM TREE COTTAGES?

2 ELM TREE COTTAGES is located on PRINSTED LANE in PRINSTED, in the PO10 postcode district. The below map shows the position of 2 ELM TREE COTTAGES on PRINSTED LANE.