CHELSEA COTTAGE, GRAFFHAM, PETWORTH, GU28 0NP - £685,000

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

CHELSEA COTTAGE is a very small extended detached house of 128m², built sometime before 1900. It was last sold for £685,000 in March 2020, which was around 14% above the average March 2020 detached price in the Chichester local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

CHELSEA COTTAGE Sold Prices

Land registry data shows three sales for CHELSEA COTTAGE 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 CHELSEA COTTAGE sales were 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
2020 23 MAR	£685,000	£600,932	14% above HPI
2012 2 NOV	£560,000	£456,132	23% above HPI
2006 28 JUN	£415,000	£390,272	6% above HPI

CHELSEA 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 three CHELSEA COTTAGE sales between June 2006 and March 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 November 2012 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is CHELSEA COTTAGE?

CHELSEA COTTAGE is 128m², which includes three extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Graffham, based on EPC data. The below chart shows the distribution of detached houses by size in Graffham, and where CHELSEA COTTAGE lies on this distribution: 16% of detached houses are smaller than CHELSEA COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Graffham.

CHELSEA COTTAGE: Plot and Title Map

CHELSEA COTTAGE sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of CHELSEA 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 CHELSEA 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 CHELSEA COTTAGE?

CHELSEA COTTAGE is located in GRAFFHAM, in the GU28 postcode district. The below map shows the position of CHELSEA COTTAGE in GRAFFHAM.