4, PALINGS WAY, FERNHURST, HASLEMERE, GU27 3HJ - £450,000

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

4 PALINGS WAY is a small detached house of 98m², built sometime between 1991 and 1995. It was last sold for £450,000 in October 2021, which was around 31% below the average October 2021 detached price in the Chichester local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

4 PALINGS WAY Sold Prices

Land registry data shows three sales for 4 PALINGS WAY 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 4 PALINGS 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
2021 8 OCT	£450,000	£656,340	31% below HPI
2020 24 NOV	£369,000	£645,348	43% below HPI
2007 10 DEC	£335,000	£424,840	21% below HPI

4 PALINGS 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 three 4 PALINGS WAY sales between December 2007 and October 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 November 2020 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 4 PALINGS WAY?

4 PALINGS WAY is 98m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% of detached houses in Fernhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhurst, and where 4 PALINGS WAY lies on this distribution: 21% of detached houses are smaller than 4 PALINGS WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Fernhurst.

4 PALINGS WAY: Plot and Title Map

4 PALINGS WAY sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 4 PALINGS 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 4 PALINGS 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 4 PALINGS WAY?

4 PALINGS WAY is located in FERNHURST, in the GU27 postcode district. The below map shows the position of No. 4 on PALINGS WAY.