THE BARN, GROVE LANE, PETWORTH, GU28 0BT - £1,498,000

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

THE BARN is a very large extended detached house of 209m², built sometime from 2007 onwards. It was last sold for £1,498,000 in April 2020, which was around 132% above the average April 2020 detached price in the Chichester local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN 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 THE BARN 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
2020 30 APR	£1,498,000	£644,352	132% above HPI
2013 4 SEP	£932,500	£460,631	102% above HPI

THE BARN 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 THE BARN sales from September 2013 and April 2020 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 2013 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the April 2020 sale, where it rises to 132% above the HPI. The line then continues to track at 132% above the HPI.

How Large is THE BARN?

THE BARN is 209m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses in Petworth, based on EPC data. The below chart shows the distribution of detached houses by size in Petworth, and where THE BARN lies on this distribution: 88% of detached houses are smaller than THE BARN, and 12% of houses are larger. Note that EPC data is not available for all properties in Petworth.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.366 of an acre, or 1,481m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on GROVE LANE in PETWORTH, in the GU28 postcode district. The below map shows the position of THE BARN on GROVE LANE.