1, FERNLEIGH CLOSE, CHICHESTER, PO19 3RU - £430,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 FERNLEIGH CLOSE is a small extended detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £418,742. It was last sold for £430,000 in September 2023, which was around 41% below the average September 2023 detached price in the Chichester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

1 FERNLEIGH CLOSE Sold Prices

Land registry data shows two sales for 1 FERNLEIGH CLOSE 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 1 FERNLEIGH CLOSE sales were for below 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 11 SEP	£430,000	£726,975	41% below HPI
2003 21 FEB	£246,950	£323,852	24% below HPI

1 FERNLEIGH CLOSE 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 1 FERNLEIGH CLOSE sales from February 2003 and September 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 February 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 1 FERNLEIGH CLOSE be worth now?

1 FERNLEIGH CLOSE might now be worth an estimated £418,742.

This is based on house price deflation of 2.6%, between September 2023 and December 2024, 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 2.6% deflationary decrease is applied to the most recent sale price for 1 FERNLEIGH CLOSE of £430,000 on 11th September 2023. For the value to have decreased from £430,000 to £418,742 over the nine months to December 2024, the following assumptions must hold true:

• The value of 1 FERNLEIGH CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The September 2023 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FERNLEIGH CLOSE has not materially changed since September 2023.

How Large is 1 FERNLEIGH CLOSE?

1 FERNLEIGH CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fishbourne, and where 1 FERNLEIGH CLOSE lies on this distribution: 39% of detached houses houses are smaller than 1 FERNLEIGH CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

1 FERNLEIGH CLOSE: Plot and Title Map

1 FERNLEIGH CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 1 FERNLEIGH CLOSE, 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 1 FERNLEIGH CLOSE). 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 1 FERNLEIGH CLOSE?

1 FERNLEIGH CLOSE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 1 on FERNLEIGH CLOSE.