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

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 WESTON LANE is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £375,000 in April 2015, which was around 25% 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	£499,798	25% below HPI
2004 18 OCT	£250,000	£380,594	34% 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Funtington, based on EPC data. The below chart shows the distribution of detached houses by size in Funtington, and where 1 WESTON LANE lies on this distribution: Less than 1% of detached 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.