PENNANTS, HOLLIST LANE, EASEBOURNE, MIDHURST, GU29 9AD - £495,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PENNANTS is a small extended detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £781,012. It was last sold for £495,000 in June 2013, which was around 9% above the average June 2013 detached price in the Chichester local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

PENNANTS Sold Prices

Land registry data shows two sales for PENNANTS 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. One of the two PENNANTS sales was for above the average price, whilst the other was 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
2013 18 JUN	£495,000	£454,290	9% above HPI
2008 14 MAY	£435,000	£437,223	1% below HPI

PENNANTS 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 PENNANTS sales from May 2008 and June 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 May 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2013 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might PENNANTS be worth now?

PENNANTS might now be worth an estimated £781,012.

This is based on house price inflation of 57.8%, between June 2013 and February 2025, 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 57.8% inflationary increase is applied to the most recent sale price for PENNANTS of £495,000 on 18th June 2013. For the value to have increased from £495,000 to £781,012 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of PENNANTS has moved in line with the HPI for detached houses in the Chichester local authority area.
• The June 2013 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of PENNANTS has not materially changed since June 2013.

How Large is PENNANTS?

PENNANTS is 129m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% of detached houses houses in Easebourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Easebourne, and where PENNANTS lies on this distribution: 25% of detached houses houses are smaller than PENNANTS, and 75% of houses are larger. Note that EPC data is not available for all properties in Easebourne.

PENNANTS: Plot and Title Map

PENNANTS sits on a plot of roughly 0.263 of an acre, or 1,066m². The below map shows the location of PENNANTS, 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 PENNANTS). 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 PENNANTS?

PENNANTS is located on HOLLIST LANE in EASEBOURNE, in the GU29 postcode district. The below map shows the position of PENNANTS on HOLLIST LANE.