1, WESTON LANE, FUNTINGTON, CHICHESTER, PO18 9LT - £375,000

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 WESTON LANE is a very small detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £526,286. It was last sold for £375,000 in April 2015, which was around 27% below the average April 2015 detached price in the Chichester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was F, and the potential energy rating was D.

1 WESTON LANE Sold Prices

Land registry data shows two sales for 1 WESTON LANE 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 WESTON LANE 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 30 APR	£375,000	£510,735	27% below HPI
2004 18 OCT	£250,000	£388,923	36% below HPI

1 WESTON LANE 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 WESTON LANE sales from October 2004 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 October 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 WESTON LANE be worth now?

1 WESTON LANE might now be worth an estimated £526,286.

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 WESTON LANE of £375,000 on 30th April 2015. For the value to have increased from £375,000 to £526,286 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 1 WESTON LANE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The April 2015 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WESTON LANE has not materially changed since April 2015.

How Large is 1 WESTON LANE?

1 WESTON LANE is 67m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses houses in Funtington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Funtington, and where 1 WESTON LANE lies on this distribution: Less than 1% of detached houses houses are smaller than 1 WESTON LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Funtington.

1 WESTON LANE: Plot and Title Map

1 WESTON LANE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 1 WESTON LANE, 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 WESTON LANE). 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 WESTON LANE?

1 WESTON LANE is located in FUNTINGTON, in the PO18 postcode district. The below map shows the position of No. 1 on WESTON LANE.