40, PITSHAM WOOD, MIDHURST, GU29 9QZ - £394,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 PITSHAM WOOD is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £394,000 in December 2022, which was around 45% below the average December 2022 detached price in the Chichester local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

40 PITSHAM WOOD Sold Prices

Land registry data shows three sales for 40 PITSHAM WOOD 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 40 PITSHAM WOOD 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 13 DEC	£394,000	£713,389	45% below HPI
1999 20 APR	£112,500	£176,954	36% below HPI
1997 22 AUG	£87,500	£156,616	44% below HPI

40 PITSHAM WOOD 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 40 PITSHAM WOOD sales between August 1997 and December 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 April 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 40 PITSHAM WOOD?

40 PITSHAM WOOD is 67m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Midhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Midhurst, and where 40 PITSHAM WOOD lies on this distribution: 5% of detached houses are smaller than 40 PITSHAM WOOD, and 95% of houses are larger. Note that EPC data is not available for all properties in Midhurst.

40 PITSHAM WOOD: Plot and Title Map

40 PITSHAM WOOD sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 40 PITSHAM WOOD, 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 40 PITSHAM WOOD). 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 40 PITSHAM WOOD?

40 PITSHAM WOOD is located in MIDHURST, in the GU29 postcode district. The below map shows the position of No. 40 on PITSHAM WOOD.