3, WOOL LANE, MIDHURST, GU29 9BX - £385,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 WOOL LANE is a small extended detached house of 106m², built sometime before 1900, which could now be worth an estimated £454,762. It was last sold for £385,000 in August 2019, which was around 37% below the average August 2019 detached price in the Chichester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was C.

3 WOOL LANE Sold Prices

Land registry data shows two sales for 3 WOOL 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 Chichester local authority area for the corresponding sale date. Both of the two 3 WOOL 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
2019 2 AUG	£385,000	£606,824	37% below HPI
2012 22 JUN	£300,000	£451,020	33% below HPI

3 WOOL LANE 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 WOOL LANE sales from June 2012 and August 2019 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 June 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 WOOL LANE be worth now?

3 WOOL LANE might now be worth an estimated £454,762.

This is based on house price inflation of 18.1%, between August 2019 and February 2025, 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 18.1% inflationary increase is applied to the most recent sale price for 3 WOOL LANE of £385,000 on 2nd August 2019. For the value to have increased from £385,000 to £454,762 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 3 WOOL LANE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The August 2019 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WOOL LANE has not materially changed since August 2019.

How Large is 3 WOOL LANE?

3 WOOL LANE is 106m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses houses in Midhurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Midhurst, and where 3 WOOL LANE lies on this distribution: 37% of detached houses houses are smaller than 3 WOOL LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Midhurst.

3 WOOL LANE: Plot and Title Map

3 WOOL LANE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 3 WOOL 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 3 WOOL 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 3 WOOL LANE?

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