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

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.

ROWAN LODGE is a midsized extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £810,697. It was last sold for £765,000 in December 2021, which was around 13% 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	£676,377	13% above HPI
1997 20 AUG	£175,000	£160,044	9% 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might ROWAN LODGE be worth now?

ROWAN LODGE might now be worth an estimated £810,697.

This is based on house price inflation of 6%, between December 2021 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 6% inflationary increase is applied to the most recent sale price for ROWAN LODGE of £765,000 on 3rd December 2021. For the value to have increased from £765,000 to £810,697 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of ROWAN LODGE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The December 2021 sale price of £765,000 represented a fair market value for the property.
• The size, condition, and specification of ROWAN LODGE has not materially changed since December 2021.

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 houses in Midhurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Midhurst, and where ROWAN LODGE lies on this distribution: 54% of detached houses houses are smaller than ROWAN LODGE, and 44% 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.