MARCHBANKS, MARLEY LANE, HASLEMERE, GU27 3RG - £1,100,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MARCHBANKS is a large extended detached house of 192m², built sometime between 2007 and 2011. It was last sold for £1,100,000 in April 2023, which was around 55% above the average April 2023 detached price in the Chichester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

MARCHBANKS Sold Prices

Land registry data shows four sales for MARCHBANKS 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. Most of the four MARCHBANKS 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 6 APR	£1,100,000	£710,648	55% above HPI
2009 22 DEC	£580,000	£410,194	41% above HPI
2007 18 APR	£470,000	£413,862	14% above HPI
2005 2 NOV	£240,000	£379,671	37% below HPI

MARCHBANKS 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 MARCHBANKS sales between November 2005 and April 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 December 2009 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the April 2023 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is MARCHBANKS?

MARCHBANKS is 192m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 30% of detached houses in Haslemere, based on EPC data. The below chart shows the distribution of detached houses by size in Haslemere, and where MARCHBANKS lies on this distribution: 70% of detached houses are smaller than MARCHBANKS, and 29% of houses are larger. Note that EPC data is not available for all properties in Haslemere.

MARCHBANKS: Plot and Title Map

MARCHBANKS sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of MARCHBANKS, 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 MARCHBANKS). 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 MARCHBANKS?

MARCHBANKS is located on MARLEY LANE in HASLEMERE, in the GU27 postcode district. The below map shows the position of MARCHBANKS on MARLEY LANE.