LILLYBANK COTTAGE, STATION ROAD, LOXWOOD, BILLINGSHURST, RH14 0SN - £477,500

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

LILLYBANK COTTAGE is a very small extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £477,500 in March 2016, which was around 11% below the average March 2016 detached price in the Chichester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

LILLYBANK COTTAGE Sold Prices

Land registry data shows three sales for LILLYBANK 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. The three LILLYBANK 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
2016 18 MAR	£477,500	£536,823	11% below HPI
2012 8 MAY	£440,000	£440,688	Close to HPI
2001 11 JUL	£235,000	£252,183	7% below HPI

LILLYBANK 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 LILLYBANK COTTAGE sales between July 2001 and March 2016 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 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is LILLYBANK COTTAGE?

LILLYBANK COTTAGE is 112m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Loxwood, based on EPC data. The below chart shows the distribution of detached houses by size in Loxwood, and where LILLYBANK COTTAGE lies on this distribution: 18% of detached houses are smaller than LILLYBANK COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Loxwood.

LILLYBANK COTTAGE: Plot and Title Map

LILLYBANK COTTAGE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of LILLYBANK 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 LILLYBANK 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 LILLYBANK COTTAGE?

LILLYBANK COTTAGE is located on STATION ROAD in LOXWOOD, in the RH14 postcode district. The below map shows the position of LILLYBANK COTTAGE on STATION ROAD.