HOMEWOOD, LONDON ROAD, RAKE, LISS, GU33 7PQ - £975,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HOMEWOOD is a small extended detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £967,832. It was last sold for £975,000 in August 2023, which was around 35% above the average August 2023 detached price in the Chichester local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

HOMEWOOD Sold Prices

Land registry data shows two sales for HOMEWOOD 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. Both of the two HOMEWOOD 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
2023 9 AUG	£975,000	£722,089	35% above HPI
2007 1 MAR	£438,000	£425,818	3% above HPI

HOMEWOOD 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 HOMEWOOD sales from March 2007 and August 2023 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 March 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2023 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might HOMEWOOD be worth now?

HOMEWOOD might now be worth an estimated £967,832.

This is based on house price deflation of 0.7%, between August 2023 and February 2025, 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 0.7% deflationary decrease is applied to the most recent sale price for HOMEWOOD of £975,000 on 9th August 2023. For the value to have decreased from £975,000 to £967,832 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of HOMEWOOD has moved in line with the HPI for detached houses in the Chichester local authority area.
• The August 2023 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of HOMEWOOD has not materially changed since August 2023.

How Large is HOMEWOOD?

HOMEWOOD is 138m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses houses in Rake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rake, and where HOMEWOOD lies on this distribution: 29% of detached houses houses are smaller than HOMEWOOD, and 71% of houses are larger. Note that EPC data is not available for all properties in Rake.

HOMEWOOD: Plot and Title Map

HOMEWOOD sits on a plot of roughly 0.426 of an acre, or 1,725m². The below map shows the location of HOMEWOOD, 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 HOMEWOOD). 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 HOMEWOOD?

HOMEWOOD is located on LONDON ROAD in RAKE, in the GU33 postcode district. The below map shows the position of HOMEWOOD on LONDON ROAD.