1, GILPIN CLOSE, CHICHESTER, PO19 3QW - £307,500

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.

1 GILPIN CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £340,717. It was last sold for £307,500 in December 2020, which was around 52% below the average December 2020 detached price in the Chichester local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was D.

1 GILPIN CLOSE Sold Prices

Land registry data shows two sales for 1 GILPIN 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 GILPIN 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
2020 4 DEC	£307,500	£646,901	52% below HPI
1998 27 NOV	£105,000	£172,961	39% below HPI

1 GILPIN 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 GILPIN CLOSE sales from November 1998 and December 2020 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 November 1998 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2020 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 1 GILPIN CLOSE be worth now?

1 GILPIN CLOSE might now be worth an estimated £340,717.

This is based on house price inflation of 10.8%, between December 2020 and February 2025, 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 10.8% inflationary increase is applied to the most recent sale price for 1 GILPIN CLOSE of £307,500 on 4th December 2020. For the value to have increased from £307,500 to £340,717 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 GILPIN CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The December 2020 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GILPIN CLOSE has not materially changed since December 2020.

How Large is 1 GILPIN CLOSE?

1 GILPIN CLOSE is 76m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% 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 GILPIN CLOSE lies on this distribution: 11% of detached houses houses are smaller than 1 GILPIN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

1 GILPIN CLOSE: Plot and Title Map

1 GILPIN CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 1 GILPIN 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 GILPIN 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 GILPIN CLOSE?

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