MILL HOUSE, THE RIDE, IFOLD, BILLINGSHURST, RH14 0TH - £567,500

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

MILL HOUSE is a large extended detached house of 224m², built sometime between 1967 and 1975, which could now be worth an estimated £667,381. It was last sold for £567,500 in November 2017, which was around 6% below the average November 2017 detached price in the Chichester local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

MILL HOUSE Sold Prices

Land registry data shows four sales for MILL HOUSE 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 MILL HOUSE 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
2017 24 NOV	£567,500	£601,990	6% below HPI
2007 2 FEB	£462,000	£423,110	9% above HPI
2004 2 AUG	£385,000	£371,458	4% above HPI
2003 14 JAN	£675,000	£324,950	108% above HPI

MILL HOUSE 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 MILL HOUSE sales between January 2003 and November 2017 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 February 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might MILL HOUSE be worth now?

MILL HOUSE might now be worth an estimated £667,381.

This is based on house price inflation of 17.6%, between November 2017 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 17.6% inflationary increase is applied to the most recent sale price for MILL HOUSE of £567,500 on 24th November 2017. For the value to have increased from £567,500 to £667,381 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of MILL HOUSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The November 2017 sale price of £567,500 represented a fair market value for the property.
• The size, condition, and specification of MILL HOUSE has not materially changed since November 2017.

How Large is MILL HOUSE?

MILL HOUSE is 224m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 30% of detached houses houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ifold, and where MILL HOUSE lies on this distribution: 71% of detached houses houses are smaller than MILL HOUSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Ifold.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 0.217 of an acre, or 879m². The below map shows the location of MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

MILL HOUSE is located on THE RIDE in IFOLD, in the RH14 postcode district. The below map shows the position of MILL HOUSE on THE RIDE.