9, PENNELS CLOSE, MILLAND, LIPHOOK, GU30 7NL - £540,000

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

9 PENNELS CLOSE is a very small detached house of 110m², built sometime between 1983 and 1990. It was last sold for £540,000 in December 2020, which was around 15% below the average December 2020 detached price in the Chichester local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

9 PENNELS CLOSE Sold Prices

Land registry data shows three sales for 9 PENNELS CLOSE 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 9 PENNELS CLOSE 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 10 DEC	£540,000	£633,048	15% below HPI
2006 2 JUN	£349,950	£390,272	10% below HPI
1995 1 DEC	£124,750	£128,303	3% below HPI

9 PENNELS CLOSE 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 9 PENNELS CLOSE sales between December 1995 and December 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 June 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 9 PENNELS CLOSE?

9 PENNELS CLOSE is 110m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Milland, based on EPC data. The below chart shows the distribution of detached houses by size in Milland, and where 9 PENNELS CLOSE lies on this distribution: 16% of detached houses are smaller than 9 PENNELS CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Milland.

9 PENNELS CLOSE: Plot and Title Map

9 PENNELS CLOSE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 9 PENNELS CLOSE, 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 9 PENNELS CLOSE). 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 9 PENNELS CLOSE?

9 PENNELS CLOSE is located in MILLAND, in the GU30 postcode district. The below map shows the position of No. 9 on PENNELS CLOSE.