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

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

HOMEWOOD is a small extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £975,000 in August 2023, which was around 38% 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	£706,625	38% above HPI
2007 1 MAR	£438,000	£416,699	5% 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 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2023 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

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 40% of detached houses in Rake, based on EPC data. The below chart shows the distribution of detached houses by size in Rake, and where HOMEWOOD lies on this distribution: 30% of detached houses are smaller than HOMEWOOD, and 70% 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.