RUSSET HOUSE, SHEEP LANE, MIDHURST, GU29 9NT - £420,000

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

RUSSET HOUSE is a large extended detached house of 140m², built sometime before 1900. It was last sold for £420,000 in June 2002, which was around 54% above the average June 2002 detached price in the Chichester local authority area. The most recent EPC inspection was March 2024, where the current energy rating was E, and the potential energy rating was C.

RUSSET HOUSE Sold Prices

Land registry data shows three sales for RUSSET HOUSE 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. The three RUSSET HOUSE sales were a mix of above the average price, and roughly equal to 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
2002 13 JUN	£420,000	£271,972	54% above HPI
2000 4 DEC	£380,000	£240,982	58% above HPI
1999 10 SEP	£196,000	£196,558	Close to HPI

RUSSET 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 three RUSSET HOUSE sales between September 1999 and June 2002 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 December 2000 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2002 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is RUSSET HOUSE?

RUSSET HOUSE is 140m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses in Midhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Midhurst, and where RUSSET HOUSE lies on this distribution: 74% of detached houses are smaller than RUSSET HOUSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Midhurst.

RUSSET HOUSE: Plot and Title Map

RUSSET HOUSE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of RUSSET 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 RUSSET 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 RUSSET HOUSE?

RUSSET HOUSE is located on SHEEP LANE in MIDHURST, in the GU29 postcode district. The below map shows the position of RUSSET HOUSE on SHEEP LANE.