5, PITSHAM WOOD, MIDHURST, GU29 9QZ - £325,000

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.

5 PITSHAM WOOD is a very small detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £417,798. It was last sold for £325,000 in June 2016, which was around 42% below the average June 2016 detached price in the Chichester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

5 PITSHAM WOOD Sold Prices

Land registry data shows three sales for 5 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 5 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
2016 28 JUN	£325,000	£557,575	42% below HPI
2003 22 DEC	£235,000	£350,319	33% below HPI
2000 15 FEB	£121,000	£208,007	42% below HPI

5 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 5 PITSHAM WOOD sales between February 2000 and June 2016 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 December 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2016 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 5 PITSHAM WOOD be worth now?

5 PITSHAM WOOD might now be worth an estimated £417,798.

This is based on house price inflation of 28.6%, between June 2016 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 28.6% inflationary increase is applied to the most recent sale price for 5 PITSHAM WOOD of £325,000 on 28th June 2016. For the value to have increased from £325,000 to £417,798 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 5 PITSHAM WOOD has moved in line with the HPI for detached houses in the Chichester local authority area.
• The June 2016 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PITSHAM WOOD has not materially changed since June 2016.

How Large is 5 PITSHAM WOOD?

5 PITSHAM WOOD is 58m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% 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 5 PITSHAM WOOD lies on this distribution: 2% of detached houses houses are smaller than 5 PITSHAM WOOD, and 97% of houses are larger. Note that EPC data is not available for all properties in Midhurst.

5 PITSHAM WOOD: Plot and Title Map

5 PITSHAM WOOD sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 5 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 5 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 5 PITSHAM WOOD?

5 PITSHAM WOOD is located in MIDHURST, in the GU29 postcode district. The below map shows the position of No. 5 on PITSHAM WOOD.