NILE GROVE, THE STREET, STEDHAM, MIDHURST, GU29 0NG - £570,000

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

NILE GROVE is a midsized extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £570,000 in May 2019, which was around 3% below the average May 2019 detached price in the Chichester local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was D.

NILE GROVE Sold Prices

Land registry data shows three sales for NILE GROVE 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. All of the three NILE GROVE sales were for below 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
2019 3 MAY	£570,000	£585,165	3% below HPI
2008 17 OCT	£377,500	£440,386	14% below HPI
2004 18 MAR	£325,000	£368,754	12% below HPI

NILE GROVE 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 NILE GROVE sales between March 2004 and May 2019 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 October 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is NILE GROVE?

NILE GROVE is 134m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 50% of detached houses in Stedham, based on EPC data. The below chart shows the distribution of detached houses by size in Stedham, and where NILE GROVE lies on this distribution: 55% of detached houses are smaller than NILE GROVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Stedham.

NILE GROVE: Plot and Title Map

NILE GROVE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of NILE GROVE, 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 NILE GROVE). 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 NILE GROVE?

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