5, CHARTWELL MEWS, MIDHURST, GU29 9ST - £355,000

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.

5 CHARTWELL MEWS is a midsized terraced house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £508,558. It was last sold for £355,000 in May 2014, which was around 46% above the average May 2014 terraced price in the Chichester local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

5 CHARTWELL MEWS Sold Prices

Land registry data shows three sales for 5 CHARTWELL MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Chichester local authority area for the corresponding sale date. All of the three 5 CHARTWELL MEWS 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
2014 15 MAY	£355,000	£243,049	46% above HPI
2009 29 MAY	£301,000	£191,248	57% above HPI
2003 20 NOV	£299,950	£165,958	81% above HPI

5 CHARTWELL MEWS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chichester local authority area over time, sourced from the HPI. The three 5 CHARTWELL MEWS sales between November 2003 and May 2014 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 2009 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the May 2014 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 5 CHARTWELL MEWS be worth now?

5 CHARTWELL MEWS might now be worth an estimated £508,558.

This is based on house price inflation of 43.3%, between May 2014 and May 2026, for terraced 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 43.3% inflationary increase is applied to the most recent sale price for 5 CHARTWELL MEWS of £355,000 on 15th May 2014. For the value to have increased from £355,000 to £508,558 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 5 CHARTWELL MEWS has moved in line with the HPI for terraced houses in the Chichester local authority area.
• The May 2014 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHARTWELL MEWS has not materially changed since May 2014.

How Large is 5 CHARTWELL MEWS?

5 CHARTWELL MEWS is 115m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 50% of terraced houses houses in Midhurst, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Midhurst, and where 5 CHARTWELL MEWS lies on this distribution: 47% of terraced houses houses are smaller than 5 CHARTWELL MEWS, and 50% of houses are larger. Note that EPC data is not available for all properties in Midhurst.

5 CHARTWELL MEWS: Plot and Title Map

5 CHARTWELL MEWS sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 5 CHARTWELL MEWS, 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 5 CHARTWELL MEWS). 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 5 CHARTWELL MEWS?

5 CHARTWELL MEWS is located in MIDHURST, in the GU29 postcode district. The below map shows the position of No. 5 on CHARTWELL MEWS.