BAY TREE COTTAGE, ROSEMARY LANE, PETWORTH, GU28 0AY - £565,000

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

BAY TREE COTTAGE is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £565,000 in April 2021, which was around 8% below the average April 2021 detached price in the Chichester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

BAY TREE COTTAGE Sold Prices

Land registry data shows two sales for BAY TREE COTTAGE 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 BAY TREE COTTAGE 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
2021 16 APR	£565,000	£612,492	8% below HPI
2006 12 FEB	£355,000	£352,065	1% above HPI

BAY TREE COTTAGE 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 BAY TREE COTTAGE sales from February 2006 and April 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 February 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is BAY TREE COTTAGE?

BAY TREE COTTAGE is 82m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Petworth, based on EPC data. The below chart shows the distribution of detached houses by size in Petworth, and where BAY TREE COTTAGE lies on this distribution: 14% of detached houses are smaller than BAY TREE COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Petworth.

BAY TREE COTTAGE: Plot and Title Map

BAY TREE COTTAGE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of BAY TREE COTTAGE, 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 BAY TREE COTTAGE). 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 BAY TREE COTTAGE?

BAY TREE COTTAGE is located on ROSEMARY LANE in PETWORTH, in the GU28 postcode district. The below map shows the position of BAY TREE COTTAGE on ROSEMARY LANE.