1, OLD FARM CLOSE, BRACKLESHAM BAY, CHICHESTER, PO20 8RX - £310,000

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 OLD FARM CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £435,063. It was last sold for £310,000 in April 2015, which was around 39% below the average April 2015 detached price in the Chichester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

1 OLD FARM CLOSE Sold Prices

Land registry data shows three sales for 1 OLD FARM CLOSE 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 OLD FARM 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
2015 15 APR	£310,000	£510,735	39% below HPI
1997 7 MAR	£79,950	£144,729	45% below HPI
1995 29 SEP	£79,950	£131,326	39% below HPI

1 OLD FARM 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 three 1 OLD FARM CLOSE sales between September 1995 and April 2015 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 March 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2015 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1 OLD FARM CLOSE be worth now?

1 OLD FARM CLOSE might now be worth an estimated £435,063.

This is based on house price inflation of 40.3%, between April 2015 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 40.3% inflationary increase is applied to the most recent sale price for 1 OLD FARM CLOSE of £310,000 on 15th April 2015. For the value to have increased from £310,000 to £435,063 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 1 OLD FARM CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The April 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OLD FARM CLOSE has not materially changed since April 2015.

How Large is 1 OLD FARM CLOSE?

1 OLD FARM CLOSE is 76m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% 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 OLD FARM CLOSE lies on this distribution: 13% of detached houses houses are smaller than 1 OLD FARM CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

1 OLD FARM CLOSE: Plot and Title Map

1 OLD FARM CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 1 OLD FARM 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 OLD FARM 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 OLD FARM CLOSE?

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