ROWAN LODGE, CARRON LANE, MIDHURST, GU29 9LD - £765,000

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

ROWAN LODGE is a midsized extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £765,000 in December 2021, which was around 16% above the average December 2021 detached price in the Chichester local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

ROWAN LODGE Sold Prices

Land registry data shows two sales for ROWAN LODGE 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 ROWAN LODGE 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
2021 3 DEC	£765,000	£661,892	16% above HPI
1997 20 AUG	£175,000	£156,616	12% above HPI

ROWAN LODGE 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 ROWAN LODGE sales from August 1997 and December 2021 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 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is ROWAN LODGE?

ROWAN LODGE is 119m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses in Midhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Midhurst, and where ROWAN LODGE lies on this distribution: 54% of detached houses are smaller than ROWAN LODGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Midhurst.

ROWAN LODGE: Plot and Title Map

ROWAN LODGE sits on a plot of roughly 0.232 of an acre, or 937m². The below map shows the location of ROWAN LODGE, 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 ROWAN LODGE). 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 ROWAN LODGE?

ROWAN LODGE is located on CARRON LANE in MIDHURST, in the GU29 postcode district. The below map shows the position of ROWAN LODGE on CARRON LANE.