1, GLOUCESTER WAY, CHICHESTER, PO19 5DL - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GLOUCESTER WAY is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £500,000 in March 2019, which was around 13% below the average March 2019 detached price in the Chichester local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

1 GLOUCESTER WAY Sold Prices

Land registry data shows two sales for 1 GLOUCESTER WAY 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 GLOUCESTER WAY 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
2019 6 MAR	£500,000	£577,754	13% below HPI
2012 21 NOV	£345,000	£456,132	24% below HPI

1 GLOUCESTER WAY 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 GLOUCESTER WAY sales from November 2012 and March 2019 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 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 GLOUCESTER WAY?

1 GLOUCESTER WAY is 93m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where 1 GLOUCESTER WAY lies on this distribution: 22% of detached houses are smaller than 1 GLOUCESTER WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Chichester.

1 GLOUCESTER WAY: Plot and Title Map

1 GLOUCESTER WAY sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 1 GLOUCESTER WAY, 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 GLOUCESTER WAY). 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 GLOUCESTER WAY?

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