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House Prices in GU28

The average house price in GU28 (Petworth) is £603,250 using HM Land Registry data.

The average property price increased by £197,435 (1.29%) over the last 5 years and increased by £39,550 (0.23%) over the last 12 months.

Over the last year, there were 57 residential property sales – a decrease of 12 transactions (-21.05%) relative to the previous year. The majority of house sales (21) were in the £340,000 - £562,000 range. Then came properties in the £562,000 - £784,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 142 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-26,276 (-3%).

In January 2025, there were 10 new estate agency instructions, 6 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in GU28 (Petworth)

1.29%

Property prices in GU28 (Petworth) increased by 1.29% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in GU28 (Petworth) Over the Last Year

0.23%

Property prices in GU28 (Petworth) increased by 0.23% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for GU28 (Petworth) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in GU28 (Petworth)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in GU28 (Petworth)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in GU28 (Petworth)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the GU28 (Petworth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GU28 postcode area since 1995.

Recent Sales in GU28 (Petworth)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3 South Grove, Petworth, West Sussex, GU28 0ED	£425,000	£421,500	-£3,500	19 Mar 2024	17 Sep 2024	182 Days
40 Luffs Meadow, Northchapel, Petworth, West Sussex, GU28 9HN	£360,000	£360,000	£0	05 Oct 2023	28 Aug 2024	328 Days
Weavers, The Street, Lodsworth, Petworth, West Sussex, GU28 9BZ	£1,950,000	£1,900,000	-£50,000	29 Jun 2023	12 Aug 2024	410 Days
6 Greengates, Lurgashall, Petworth, West Sussex, GU28 9ES	£495,000	£490,000	-£5,000	27 Apr 2024	25 Jul 2024	89 Days
28 Hampers Green, Petworth, West Sussex, GU28 9NW	£380,000	£365,000	-£15,000	31 Oct 2023	21 Jun 2024	234 Days
3 High Street, Petworth, West Sussex, GU28 0AU	£300,000	£300,000	£0	29 Feb 2024	07 Jun 2024	99 Days
Dial House, Dial Green, Lurgashall, Petworth, West Sussex, GU28 9HA	£2,500,000	£2,480,000	-£20,000	31 Aug 2023	22 Mar 2024	204 Days
Burton Hill Court, Burton Park Road, Petworth, West Sussex, GU28 0JS	£1,250,000	£1,200,000	-£50,000	11 Jul 2023	15 Mar 2024	248 Days
302 North Street, Petworth, West Sussex, GU28 0DN	£650,000	£605,000	-£45,000	17 Aug 2023	27 Feb 2024	194 Days
Springfield, Hill Grove, Lurgashall, Petworth, West Sussex, GU28 9EW	£1,300,000	£1,200,000	-£100,000	03 Oct 2023	04 Jan 2024	93 Days
4 Garden Mews, Duncton, Petworth, West Sussex, GU28 0QS	£675,000	£642,500	-£32,500	10 Feb 2023	30 Nov 2023	293 Days
309d, North Street, Petworth, West Sussex, GU28 0DF	£479,500	£472,500	-£7,000	06 Jul 2023	23 Oct 2023	109 Days
The Coach House, Barton Lane, Petworth, West Sussex, GU28 0DA	£465,000	£453,750	-£11,250	05 Jul 2023	13 Oct 2023	100 Days
Chapelgate, London Road, Northchapel, Petworth, West Sussex, GU28 9EG	£950,000	£920,000	-£30,000	05 Oct 2022	13 Oct 2023	373 Days
309 North Street, Petworth, West Sussex, GU28 0DF	£450,000	£420,000	-£30,000	10 Nov 2022	04 Oct 2023	328 Days
50 Sheepdown Drive, Petworth, West Sussex, GU28 0BX	£525,000	£525,000	£0	03 Apr 2023	16 Jun 2023	74 Days
1 Chestnut Cottages, Byworth, Petworth, West Sussex, GU28 0HP	£795,000	£775,000	-£20,000	09 Jan 2023	15 Jun 2023	157 Days
1 Highbank Cottages, River, Petworth, West Sussex, GU28 9AX	£725,000	£700,000	-£25,000	02 Feb 2023	30 May 2023	117 Days
Meadow Cottage, North Mead, Petworth, West Sussex, GU28 9NJ	£595,000	£555,000	-£40,000	18 Oct 2022	26 May 2023	220 Days
The Nook, North Street, Petworth, West Sussex, GU28 0DD	£565,000	£500,000	-£65,000	17 Jan 2023	05 May 2023	108 Days

Most Expensive Streets in GU28 (Petworth)

Postcode	Street	Area	Average	No. of Sales
GU28 0NA	Beechwood Lane, Lavington Park	Petworth	£2,191,666	3
GU28 0LH	Lodge Green, Duncton	Petworth	£1,505,100	4
GU28 0JJ	Haslingbourne Lane	Petworth	£1,407,000	3
GU28 0QA	The Street, Graffham	Petworth	£1,386,777	5
GU28 0QB	Graffham	Petworth	£1,373,333	3
GU28 0RA	Tillington	Petworth	£1,372,000	3
GU28 9EA	Bexley Hill	Petworth	£1,279,833	3
GU28 0BT	Grove Lane	Petworth	£1,244,666	6
GU28 0JS	Burton Park Road	Petworth	£1,140,000	4
GU28 9BZ	The Street, Lodsworth	Petworth	£1,085,000	5

Least Expensive Streets in GU28 (Petworth)

Postcode	Street	Area	Average	No. of Sales
GU28 0FE	Morgan Court, Station Road	Petworth	£196,987	8
GU28 9HY	Valentines Lea, Northchapel	Petworth	£277,645	8
GU28 0QZ	Garland Close	Petworth	£298,750	4
GU28 0EF	Littlecote	Petworth	£305,500	4
GU28 0ES	Chequers Court, Station Road	Petworth	£328,000	5
GU28 0EX	Station Road	Petworth	£335,800	5
GU28 9ES	Greengates, Lurgashall	Petworth	£361,666	3
GU28 0QX	Toronto Road	Petworth	£365,333	9
GU28 9NS	Northend Close	Petworth	£371,200	5
GU28 0EW	Rothermead	Petworth	£378,750	4