STONE COTTAGE, MILL LANE, STEDHAM, MIDHURST, GU29 0PS - £500,000

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

STONE COTTAGE is a small extended detached house of 115m², built sometime before 1900. It was last sold for £500,000 in June 2014, which was around 5% above the average June 2014 detached price in the Chichester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was E.

STONE COTTAGE Sold Prices

Land registry data shows two sales for STONE COTTAGE 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 STONE COTTAGE 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
2014 12 JUN	£500,000	£477,270	5% above HPI
2002 30 SEP	£365,000	£299,105	22% above HPI

STONE COTTAGE 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 STONE COTTAGE sales from September 2002 and June 2014 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 September 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2014 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is STONE COTTAGE?

STONE COTTAGE is 115m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses in Stedham, based on EPC data. The below chart shows the distribution of detached houses by size in Stedham, and where STONE COTTAGE lies on this distribution: 34% of detached houses are smaller than STONE COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Stedham.

STONE COTTAGE: Plot and Title Map

STONE COTTAGE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of STONE COTTAGE, 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 STONE COTTAGE). 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 STONE COTTAGE?

STONE COTTAGE is located on MILL LANE in STEDHAM, in the GU29 postcode district. The below map shows the position of STONE COTTAGE on MILL LANE.