Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
SUMMER COTTAGE is a small detached house of 144m², built sometime between 1950 and 1966. It was last sold for £585,000 in April 2019, which was around 1% above the average April 2019 detached price in the Chichester local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for SUMMER COTTAGE since 1st 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. Two of the three SUMMER COTTAGE sales were for above the average price, whilst one 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 |
---|---|---|---|
2019 12 APR | £585,000 | £577,094 | 1% above HPI |
2014 30 APR | £560,000 | £468,931 | 19% above HPI |
2007 28 AUG | £392,000 | £424,442 | 8% below HPI |
The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The three SUMMER COTTAGE sales between August 2007 and April 2019 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 April 2014 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2019 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.
SUMMER COTTAGE is 144m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Graffham, based on EPC data. The below chart shows the distribution of detached houses by size in Graffham, and where SUMMER COTTAGE lies on this distribution: 26% of detached houses are smaller than SUMMER COTTAGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Graffham.
SUMMER COTTAGE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of SUMMER 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 SUMMER 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.
SUMMER COTTAGE is located on THE STREET in GRAFFHAM, in the GU28 postcode district. The below map shows the position of SUMMER COTTAGE on THE STREET.