1, GRAYSWOOD AVENUE, BRACKLESHAM BAY, CHICHESTER, PO20 8HZ - £435,000

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 GRAYSWOOD AVENUE is a very small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £493,954. It was last sold for £435,000 in June 2021, which was around 31% below the average June 2021 detached price in the Chichester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

1 GRAYSWOOD AVENUE Sold Prices

Land registry data shows three sales for 1 GRAYSWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 1 GRAYSWOOD AVENUE 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
2021 30 JUN	£435,000	£631,231	31% below HPI
2015 20 OCT	£285,000	£547,099	48% below HPI
2000 14 AUG	£110,000	£229,940	52% below HPI

1 GRAYSWOOD AVENUE 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 three 1 GRAYSWOOD AVENUE sales between August 2000 and June 2021 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 October 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 1 GRAYSWOOD AVENUE be worth now?

1 GRAYSWOOD AVENUE might now be worth an estimated £493,954.

This is based on house price inflation of 13.6%, between June 2021 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 13.6% inflationary increase is applied to the most recent sale price for 1 GRAYSWOOD AVENUE of £435,000 on 30th June 2021. For the value to have increased from £435,000 to £493,954 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 1 GRAYSWOOD AVENUE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The June 2021 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GRAYSWOOD AVENUE has not materially changed since June 2021.

How Large is 1 GRAYSWOOD AVENUE?

1 GRAYSWOOD AVENUE is 72m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Wittering, and where 1 GRAYSWOOD AVENUE lies on this distribution: 10% of detached houses houses are smaller than 1 GRAYSWOOD AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

1 GRAYSWOOD AVENUE: Plot and Title Map

1 GRAYSWOOD AVENUE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 1 GRAYSWOOD AVENUE, 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 GRAYSWOOD AVENUE). 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 GRAYSWOOD AVENUE?

1 GRAYSWOOD AVENUE is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 1 on GRAYSWOOD AVENUE.