1, MILL HOUSE, THE RIDE, IFOLD, BILLINGSHURST, RH14 0TH - £570,000

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 MILL HOUSE is a small detached house of 147m², built sometime between 2003 and 2006. It was last sold for £570,000 in March 2017, which was around 2% below the average March 2017 detached price in the Chichester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

1 MILL HOUSE Sold Prices

Land registry data shows four sales for 1 MILL HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Most of the four 1 MILL HOUSE 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
2017 3 MAR	£570,000	£584,127	2% below HPI
2007 27 SEP	£497,779	£438,029	14% above HPI
2006 5 JUL	£480,000	£393,477	22% above HPI
2004 2 FEB	£400,000	£357,239	12% above HPI

1 MILL HOUSE 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 four 1 MILL HOUSE sales between February 2004 and March 2017 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 September 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 MILL HOUSE?

1 MILL HOUSE is 147m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where 1 MILL HOUSE lies on this distribution: 31% of detached houses are smaller than 1 MILL HOUSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ifold.

1 MILL HOUSE: Plot and Title Map

1 MILL HOUSE sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of 1 MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

1 MILL HOUSE is located on THE RIDE in IFOLD, in the RH14 postcode district. The below map shows the position of 1 MILL HOUSE on THE RIDE.