CEDAR COTTAGE, SCHOOL LANE, STEDHAM, MIDHURST, GU29 0NZ - £300,000

CEDAR COTTAGE is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £300,000 in June 2017, which was around 48% below the average June 2017 detached price in the Chichester local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was A.

CEDAR COTTAGE Sold Prices

Land registry data shows three sales for CEDAR COTTAGE 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 CEDAR COTTAGE sales were 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
2017 26 JUN	£300,000	£575,975	48% below HPI
2015 11 MAY	£290,000	£501,047	42% below HPI
1998 25 SEP	£101,000	£172,287	41% below HPI

CEDAR COTTAGE 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 CEDAR COTTAGE sales between September 1998 and June 2017 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 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2017 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is CEDAR COTTAGE?

CEDAR COTTAGE is 75m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Stedham, based on EPC data. The below chart shows the distribution of detached houses by size in Stedham, and where CEDAR COTTAGE lies on this distribution: 3% of detached houses are smaller than CEDAR COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Stedham.

CEDAR COTTAGE: Plot and Title Map

CEDAR COTTAGE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of CEDAR COTTAGE, 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 CEDAR COTTAGE). 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 CEDAR COTTAGE?

CEDAR COTTAGE is located on SCHOOL LANE in STEDHAM, in the GU29 postcode district. The below map shows the position of CEDAR COTTAGE on SCHOOL LANE.