2, GALES CLOSE, LINCHMERE, HASLEMERE, GU27 3TN - £715,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GALES CLOSE is a small detached house of 120m², built sometime between 2007 and 2011, which could now be worth an estimated £683,142. It was last sold for £715,000 in October 2022, which was around 4% below the average October 2022 detached price in the Chichester local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

2 GALES CLOSE Sold Prices

Land registry data shows two sales for 2 GALES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two 2 GALES CLOSE 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
2022 25 OCT	£715,000	£740,955	4% below HPI
2009 24 NOV	£379,500	£426,799	11% below HPI

2 GALES CLOSE 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 two 2 GALES CLOSE sales from November 2009 and October 2022 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 November 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 GALES CLOSE be worth now?

2 GALES CLOSE might now be worth an estimated £683,142.

This is based on house price deflation of 4.5%, between October 2022 and December 2024, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% deflationary decrease is applied to the most recent sale price for 2 GALES CLOSE of £715,000 on 25th October 2022. For the value to have decreased from £715,000 to £683,142 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 2 GALES CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The October 2022 sale price of £715,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GALES CLOSE has not materially changed since October 2022.

How Large is 2 GALES CLOSE?

2 GALES CLOSE is 120m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses houses in Haslemere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Haslemere, and where 2 GALES CLOSE lies on this distribution: 28% of detached houses houses are smaller than 2 GALES CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Haslemere.

2 GALES CLOSE: Plot and Title Map

2 GALES CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 GALES CLOSE, 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 GALES CLOSE). 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 GALES CLOSE?

2 GALES CLOSE is located in LINCHMERE, in the GU27 postcode district. The below map shows the position of No. 2 on GALES CLOSE.