THE WALL HOUSE, POUND STREET, PETWORTH, GU28 0DX - £1,850,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE WALL HOUSE is a very large extended detached house of 196m², built sometime between 1900 and 1929, which could now be worth an estimated £1,821,835. It was last sold for £1,850,000 in August 2022, which was around 154% above the average August 2022 detached price in the Chichester local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was D.

THE WALL HOUSE Sold Prices

Land registry data shows three sales for THE WALL HOUSE 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. All of the three THE WALL HOUSE 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
2022 31 AUG	£1,850,000	£727,861	154% above HPI
2020 24 SEP	£985,000	£650,513	51% above HPI
2010 27 MAY	£880,000	£435,675	102% above HPI

THE WALL HOUSE 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 WALL HOUSE sales between May 2010 and August 2022 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 2020 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the August 2022 sale, where it rises to 154% above the HPI. The line then continues to track at 154% above the HPI.

What might THE WALL HOUSE be worth now?

THE WALL HOUSE might now be worth an estimated £1,821,835.

This is based on house price deflation of 1.5%, between August 2022 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% deflationary decrease is applied to the most recent sale price for THE WALL HOUSE of £1,850,000 on 31st August 2022. For the value to have decreased from £1,850,000 to £1,821,835 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of THE WALL HOUSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The August 2022 sale price of £1,850,000 represented a fair market value for the property.
• The size, condition, and specification of THE WALL HOUSE has not materially changed since August 2022.

How Large is THE WALL HOUSE?

THE WALL HOUSE is 196m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses houses in Petworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Petworth, and where THE WALL HOUSE lies on this distribution: 85% of detached houses houses are smaller than THE WALL HOUSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Petworth.

THE WALL HOUSE: Plot and Title Map

THE WALL HOUSE sits on a plot of roughly 0.211 of an acre, or 853m². The below map shows the location of THE WALL HOUSE, 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 WALL HOUSE). 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 WALL HOUSE?

THE WALL HOUSE is located on POUND STREET in PETWORTH, in the GU28 postcode district. The below map shows the position of THE WALL HOUSE on POUND STREET.