FIG TREE HOUSE, UPPERFIELD, EASEBOURNE, MIDHURST, GU29 9AE - £1,200,000

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.

FIG TREE HOUSE is a small detached house of 137m², built in 2017, which could now be worth an estimated £1,130,547. It was last sold for £1,200,000 in May 2023, which was around 67% above the average May 2023 detached price in the Chichester local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

FIG TREE HOUSE Sold Prices

Land registry data shows two sales for FIG TREE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two FIG TREE 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
2023 31 MAY	£1,200,000	£720,280	67% above HPI
2020 22 OCT	£1,000,000	£657,096	52% above HPI

FIG TREE 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 two FIG TREE HOUSE sales from October 2020 and May 2023 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 2020 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the May 2023 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might FIG TREE HOUSE be worth now?

FIG TREE HOUSE might now be worth an estimated £1,130,547.

This is based on house price deflation of 5.8%, between May 2023 and April 2026, 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 5.8% deflationary decrease is applied to the most recent sale price for FIG TREE HOUSE of £1,200,000 on 31st May 2023. For the value to have decreased from £1,200,000 to £1,130,547 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of FIG TREE HOUSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The May 2023 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of FIG TREE HOUSE has not materially changed since May 2023.

How Large is FIG TREE HOUSE?

FIG TREE HOUSE is 137m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 30% of detached houses in Easebourne, based on EPC data. The below chart shows the distribution of detached houses by size in Easebourne, and where FIG TREE HOUSE lies on this distribution: 29% of detached houses are smaller than FIG TREE HOUSE, and 71% of detached houses are larger. Note that EPC data is not available for all properties in Easebourne.

FIG TREE HOUSE: Plot

FIG TREE HOUSE sits on a plot of roughly 0.302 of an acre, or 1,221m².

Where is FIG TREE HOUSE?

FIG TREE HOUSE is located on UPPERFIELD in EASEBOURNE, in the GU29 postcode district.