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

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 WALL HOUSE is a very large extended detached house of 196m², built sometime between 1900 and 1929. It was last sold for £1,850,000 in August 2022, which was around 160% 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	£712,274	160% above HPI
2020 24 SEP	£985,000	£636,582	55% above HPI
2010 27 MAY	£880,000	£426,345	106% 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 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the August 2022 sale, where it rises to 160% above the HPI. The line then continues to track at 160% above the HPI.

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 in Petworth, based on EPC data. The below chart shows the distribution of detached houses by size in Petworth, and where THE WALL HOUSE lies on this distribution: 85% of detached 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.