HOLLY COTTAGE, CHICHESTER ROAD, MIDHURST, GU29 9PF - £425,000

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.

HOLLY COTTAGE is a small extended terraced house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £452,695. It was last sold for £425,000 in October 2020, which was around 31% above the average October 2020 terraced price in the Chichester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

HOLLY COTTAGE Sold Prices

Land registry data shows three sales for HOLLY COTTAGE 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 HOLLY COTTAGE 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
2020 22 OCT	£425,000	£324,596	31% above HPI
2016 14 OCT	£370,000	£287,166	29% above HPI
2007 18 DEC	£260,000	£221,671	17% above HPI

HOLLY COTTAGE 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 HOLLY COTTAGE sales between December 2007 and October 2020 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 October 2016 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2020 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might HOLLY COTTAGE be worth now?

HOLLY COTTAGE might now be worth an estimated £452,695.

This is based on house price inflation of 6.5%, between October 2020 and July 2025, 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 6.5% inflationary increase is applied to the most recent sale price for HOLLY COTTAGE of £425,000 on 22nd October 2020. For the value to have increased from £425,000 to £452,695 over the five years and three months to July 2025, the following assumptions must hold true:

• The value of HOLLY COTTAGE has moved in line with the HPI for terraced houses in the Chichester local authority area.
• The October 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY COTTAGE has not materially changed since October 2020.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 90m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% 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 HOLLY COTTAGE lies on this distribution: 23% of terraced houses houses are smaller than HOLLY COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Midhurst.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY COTTAGE?

HOLLY COTTAGE is located on CHICHESTER ROAD in MIDHURST, in the GU29 postcode district. The below map shows the position of HOLLY COTTAGE on CHICHESTER ROAD.