MAY COTTAGE, LODSWORTH, PETWORTH, GU28 9DA - £505,000

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

MAY COTTAGE is a small extended detached house of 143m², built sometime before 1900. It was last sold for £505,000 in August 2013, which was around 12% above the average August 2013 detached price in the Chichester local authority area. The most recent EPC inspection was March 2024, where the current energy rating was F, and the potential energy rating was D.

MAY COTTAGE Sold Prices

Land registry data shows five sales for MAY COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the five MAY COTTAGE 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
2013 19 AUG	£505,000	£450,025	12% above HPI
2011 30 SEP	£480,000	£445,080	8% above HPI
2000 19 DEC	£330,000	£240,982	37% above HPI
1999 24 MAY	£249,501	£177,241	41% above HPI
1996 10 OCT	£155,000	£136,408	14% above HPI

MAY 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 five MAY COTTAGE sales between October 1996 and August 2013 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 September 2011 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2013 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is MAY COTTAGE?

MAY COTTAGE is 143m², which includes three extensions, according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% of detached houses in Lodsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lodsworth, and where MAY COTTAGE lies on this distribution: 25% of detached houses are smaller than MAY COTTAGE, and 75% of houses are larger. Note that EPC data is not available for all properties in Lodsworth.

MAY COTTAGE: Plot and Title Map

MAY COTTAGE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of MAY 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 MAY 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 MAY COTTAGE?

MAY COTTAGE is located in LODSWORTH, in the GU28 postcode district. The below map shows the position of MAY COTTAGE in LODSWORTH.