MARTINS, THE STREET, STEDHAM, MIDHURST, GU29 0NQ - £750,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MARTINS is a large detached house of 148m², built sometime between 1967 and 1975, which could now be worth an estimated £718,390. It was last sold for £750,000 in September 2022, which was around 1% above the average September 2022 detached price in the Chichester local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

MARTINS Sold Prices

Land registry data shows two sales for MARTINS 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 MARTINS 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
2022 6 SEP	£750,000	£739,091	1% above HPI
1999 20 AUG	£195,000	£189,698	3% above HPI

MARTINS 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 MARTINS sales from August 1999 and September 2022 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 August 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might MARTINS be worth now?

MARTINS might now be worth an estimated £718,390.

This is based on house price deflation of 4.2%, between September 2022 and December 2024, 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 4.2% deflationary decrease is applied to the most recent sale price for MARTINS of £750,000 on 6th September 2022. For the value to have decreased from £750,000 to £718,390 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of MARTINS has moved in line with the HPI for detached houses in the Chichester local authority area.
• The September 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of MARTINS has not materially changed since September 2022.

How Large is MARTINS?

MARTINS is 148m² according to the EPC inspection conducted in April 2022. This puts it in the largest 40% of detached houses houses in Stedham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stedham, and where MARTINS lies on this distribution: 63% of detached houses houses are smaller than MARTINS, and 37% of houses are larger. Note that EPC data is not available for all properties in Stedham.

MARTINS: Plot and Title Map

MARTINS sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of MARTINS, 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 MARTINS). 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 MARTINS?

MARTINS is located on THE STREET in STEDHAM, in the GU29 postcode district. The below map shows the position of MARTINS on THE STREET.