HEATHER BANK, JUNE LANE, MIDHURST, GU29 9EL - £220,000

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

HEATHER BANK is a small extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £220,000 in August 2004, which was around 39% below the average August 2004 detached price in the Chichester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

HEATHER BANK Sold Prices

Land registry data shows four sales for HEATHER BANK 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. All of the four HEATHER BANK 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
2004 31 AUG	£220,000	£363,503	39% below HPI
2000 26 MAY	£132,500	£230,492	43% below HPI
1999 13 AUG	£99,000	£185,635	47% below HPI
1996 18 SEP	£84,000	£134,335	37% below HPI

HEATHER BANK 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 HEATHER BANK sales between September 1996 and August 2004 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 May 2000 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2004 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is HEATHER BANK?

HEATHER BANK is 106m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Midhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Midhurst, and where HEATHER BANK lies on this distribution: 37% of detached houses are smaller than HEATHER BANK, and 63% of houses are larger. Note that EPC data is not available for all properties in Midhurst.

HEATHER BANK: Plot and Title Map

HEATHER BANK sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of HEATHER BANK, 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 HEATHER BANK). 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 HEATHER BANK?

HEATHER BANK is located on JUNE LANE in MIDHURST, in the GU29 postcode district. The below map shows the position of HEATHER BANK on JUNE LANE.