3, PINEWOOD WAY, MIDHURST, GU29 9LN - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 PINEWOOD WAY is a small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £375,000 in September 2020, which was around 41% below the average September 2020 detached price in the Chichester local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

3 PINEWOOD WAY Sold Prices

Land registry data shows two sales for 3 PINEWOOD WAY 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 3 PINEWOOD WAY 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
2020 14 SEP	£375,000	£636,582	41% below HPI
1996 19 JAN	£95,000	£128,569	26% below HPI

3 PINEWOOD WAY 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 3 PINEWOOD WAY sales from January 1996 and September 2020 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 January 1996 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3 PINEWOOD WAY?

3 PINEWOOD WAY is 88m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Midhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Midhurst, and where 3 PINEWOOD WAY lies on this distribution: 20% of detached houses are smaller than 3 PINEWOOD WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Midhurst.

3 PINEWOOD WAY: Plot and Title Map

3 PINEWOOD WAY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 3 PINEWOOD WAY, 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 3 PINEWOOD WAY). 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 3 PINEWOOD WAY?

3 PINEWOOD WAY is located in MIDHURST, in the GU29 postcode district. The below map shows the position of No. 3 on PINEWOOD WAY.