MARCHBANK, FORDWATER ROAD, CHICHESTER, PO19 6PS - £999,000

MARCHBANK is a very large detached house of 289m². It was last sold for £999,000 in January 2013, which was around 130% above the average January 2013 detached price in the Chichester local authority area. The most recent EPC inspection was March 2012, where the current energy rating was B, and the potential energy rating was B.

MARCHBANK Sold Prices

Land registry data shows two sales for MARCHBANK 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 MARCHBANK 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
2013 25 JAN	£999,000	£434,401	130% above HPI
2011 8 JUL	£640,000	£442,409	45% above HPI

MARCHBANK 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 MARCHBANK sales from July 2011 and January 2013 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 July 2011 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the January 2013 sale, where it rises to 130% above the HPI. The line then continues to track at 130% above the HPI.

How Large is MARCHBANK?

MARCHBANK is 289m² according to the EPC inspection conducted in March 2012. This puts it in the largest 10% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where MARCHBANK lies on this distribution: 98% of detached houses are smaller than MARCHBANK, and 2% of houses are larger. Note that EPC data is not available for all properties in Chichester.

MARCHBANK: Plot and Title Map

MARCHBANK sits on a plot of roughly 0.254 of an acre, or 1,030m². The below map shows the location of MARCHBANK, 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 MARCHBANK). 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 MARCHBANK?

MARCHBANK is located on FORDWATER ROAD in CHICHESTER, in the PO19 postcode district. The below map shows the position of MARCHBANK on FORDWATER ROAD.