1, NICOLSON CLOSE, TANGMERE, CHICHESTER, PO20 2LA - £335,000

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 NICOLSON CLOSE is a small detached house of 99m², built sometime between 1991 and 1995. It was last sold for £335,000 in August 2004, which was around 8% below the average August 2004 detached price in the Chichester local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

1 NICOLSON CLOSE Sold Prices

Land registry data shows two sales for 1 NICOLSON 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. One of the two 1 NICOLSON CLOSE sales was for below the average price, whilst the other was 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
2004 27 AUG	£335,000	£363,503	8% below HPI
2002 3 JUN	£292,500	£271,972	8% above HPI

1 NICOLSON 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 NICOLSON CLOSE sales from June 2002 and August 2004 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 June 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2004 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1 NICOLSON CLOSE?

1 NICOLSON CLOSE is 99m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses by size in Tangmere, and where 1 NICOLSON CLOSE lies on this distribution: 23% of detached houses are smaller than 1 NICOLSON CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

1 NICOLSON CLOSE: Plot and Title Map

1 NICOLSON CLOSE sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of 1 NICOLSON 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 NICOLSON 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 NICOLSON CLOSE?

1 NICOLSON CLOSE is located in TANGMERE, in the PO20 postcode district. The below map shows the position of No. 1 on NICOLSON CLOSE.