According to the public record, 23, Grove Lane, Petworth is a mid-century freehold house with 699 ft2 of internal area and sits on a 423 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grove Lane, Petworth, GU28 is located in the borough of Chichester within the GU28 postal district.
23, Grove Lane, Petworth has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 23 Grove Lane Petworth as £807,394 and the rental value as £2,023 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 23 Grove Lane Petworth has increased by £20,381 (2.5%) and its rental value has increased by £112 per month (5.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 23, Grove Lane, Petworth is in very good condition we estimate a sale value of £847,764 and rental value of £2,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £750,876 and a rental value of £1,881 per month.
If you were able to purchase this property for the estimated value of £807,394, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,968 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 23, Grove Lane, Petworth sits on a plot of 423m2.
We have plot size data on 17 out of 31 other houses in the postcode and 23, Grove Lane, Petworth sits on the 12th largest plot.
According to HM Land Registry, 23, Grove Lane, Petworth was last sold on 12 Mar 2021 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Grove Lane, Petworth within a radius of 3.5 kilometres over the last 2 years.
The most recent example is 13, Grove Lane, Petworth, GU28 0BT, a Freehold house which sold for £290,000 in Sep 2018.
Read more about house prices in GU28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Lane, Petworth, GU28 has a total of 31 addresses. According to our analysis of all the public data, 23, Grove Lane, Petworth is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £208k more expensive than the average property in GU28.
23, Grove Lane, Petworth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 23, Grove Lane, Petworth is Pulborough station which is 6.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Grove Lane, Petworth, 45.9% of property is privately owned outright and 30.1% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 23, Grove Lane, Petworth, 11.7% of residents are recorded as possessing school level qualifications and 33.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 23, Grove Lane, Petworth, the average age was 47.9 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 23, Grove Lane, Petworth, 0.4% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 23, Grove Lane, Petworth, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.