THE LODGE, GLASSES, GRAFFHAM, PETWORTH, GU28 0PU - £670,000

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

THE LODGE is a small extended detached house of 161m², built sometime between 1900 and 1929. It was last sold for £670,000 in November 2018, which was around 8% above the average November 2018 detached price in the Chichester local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows three sales for THE LODGE 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. Two of the three THE LODGE 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
2018 30 NOV	£670,000	£620,375	8% above HPI
2008 18 JAN	£535,000	£416,569	28% above HPI
1995 14 AUG	£107,000	£126,017	15% below HPI

THE 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 three THE LODGE sales between August 1995 and November 2018 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 January 2008 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is THE LODGE?

THE LODGE is 161m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses in Graffham, based on EPC data. The below chart shows the distribution of detached houses by size in Graffham, and where THE LODGE lies on this distribution: 37% of detached houses are smaller than THE LODGE, and 63% of houses are larger. Note that EPC data is not available for all properties in Graffham.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of THE 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 THE 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 THE LODGE?

THE LODGE, GLASSES is located in GRAFFHAM, in the GU28 postcode district. The below map shows the position of THE LODGE, GLASSES in GRAFFHAM.