ARVERNE, CARRON LANE, MIDHURST, GU29 9LB - £402,500

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

ARVERNE is a large detached house of 138m², built sometime between 1967 and 1975. It was last sold for £402,500 in August 2015, which was around 24% below the average August 2015 detached price in the Chichester local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

ARVERNE Sold Prices

Land registry data shows two sales for ARVERNE 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. One of the two ARVERNE sales was for below the average price, whilst the other was for above 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
2015 10 AUG	£402,500	£531,045	24% below HPI
1996 29 AUG	£150,000	£133,383	12% above HPI

ARVERNE 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 ARVERNE sales from August 1996 and August 2015 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 August 1996 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is ARVERNE?

ARVERNE is 138m² according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses in Midhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Midhurst, and where ARVERNE lies on this distribution: 71% of detached houses are smaller than ARVERNE, and 29% of houses are larger. Note that EPC data is not available for all properties in Midhurst.

ARVERNE: Plot and Title Map

ARVERNE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of ARVERNE, 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 ARVERNE). 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 ARVERNE?

ARVERNE is located on CARRON LANE in MIDHURST, in the GU29 postcode district. The below map shows the position of ARVERNE on CARRON LANE.