THE OLD CHAPEL, LONDON ROAD, RAKE, LISS, GU33 7PF - £437,000

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 OLD CHAPEL is a midsized extended detached house of 163m², built sometime between 1996 and 2002. It was last sold for £437,000 in January 2009, which was around 17% above the average January 2009 detached price in the Chichester local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

THE OLD CHAPEL Sold Prices

Land registry data shows three sales for THE OLD CHAPEL 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 OLD CHAPEL 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
2009 23 JAN	£437,000	£374,378	17% above HPI
2004 13 MAY	£470,000	£349,320	35% above HPI
1997 22 MAY	£140,000	£146,183	4% below HPI

THE OLD CHAPEL 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 OLD CHAPEL sales between May 1997 and January 2009 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 May 2004 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2009 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 163m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 50% of detached houses in Rake, based on EPC data. The below chart shows the distribution of detached houses by size in Rake, and where THE OLD CHAPEL lies on this distribution: 45% of detached houses are smaller than THE OLD CHAPEL, and 52% of houses are larger. Note that EPC data is not available for all properties in Rake.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of THE OLD CHAPEL, 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 OLD CHAPEL). 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 OLD CHAPEL?

THE OLD CHAPEL is located on LONDON ROAD in RAKE, in the GU33 postcode district. The below map shows the position of THE OLD CHAPEL on LONDON ROAD.