ELM COTTAGE, THE STREET, STEDHAM, MIDHURST, GU29 0NQ - £433,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ELM COTTAGE is a small extended detached house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £644,221. It was last sold for £433,000 in October 2013, which was around 9% below the average October 2013 detached price in the Chichester local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

ELM COTTAGE Sold Prices

Land registry data shows four sales for ELM COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. The four ELM COTTAGE sales were a mix of below the average price, and roughly equal to 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
2013 25 OCT	£433,000	£475,828	9% below HPI
2006 9 OCT	£409,500	£417,782	2% below HPI
2004 3 DEC	£382,000	£382,860	Close to HPI
2001 2 NOV	£223,000	£266,372	16% below HPI

ELM 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 four ELM COTTAGE sales between November 2001 and October 2013 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 October 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2013 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might ELM COTTAGE be worth now?

ELM COTTAGE might now be worth an estimated £644,221.

This is based on house price inflation of 48.8%, between October 2013 and December 2024, 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 48.8% inflationary increase is applied to the most recent sale price for ELM COTTAGE of £433,000 on 25th October 2013. For the value to have increased from £433,000 to £644,221 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of ELM COTTAGE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The October 2013 sale price of £433,000 represented a fair market value for the property.
• The size, condition, and specification of ELM COTTAGE has not materially changed since October 2013.

How Large is ELM COTTAGE?

ELM COTTAGE is 103m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses houses in Stedham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stedham, and where ELM COTTAGE lies on this distribution: 26% of detached houses houses are smaller than ELM COTTAGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Stedham.

ELM COTTAGE: Plot and Title Map

ELM COTTAGE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of ELM 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 ELM 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 ELM COTTAGE?

ELM COTTAGE is located on THE STREET in STEDHAM, in the GU29 postcode district. The below map shows the position of ELM COTTAGE on THE STREET.