11, MERE CLOSE, BRACKLESHAM BAY, CHICHESTER, PO20 8AG - £302,000

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

11 MERE CLOSE is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £302,000 in October 2014, which was around 40% below the average October 2014 detached price in the Chichester local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

11 MERE CLOSE Sold Prices

Land registry data shows two sales for 11 MERE 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. Both of the two 11 MERE 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
2014 20 OCT	£302,000	£500,405	40% below HPI
2003 26 SEP	£215,000	£352,264	39% below HPI

11 MERE 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 11 MERE CLOSE sales from September 2003 and October 2014 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 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 11 MERE CLOSE?

11 MERE CLOSE is 110m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses by size in East Wittering, and where 11 MERE CLOSE lies on this distribution: 53% of detached houses are smaller than 11 MERE CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

11 MERE CLOSE: Plot and Title Map

11 MERE CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 11 MERE 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 11 MERE 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 11 MERE CLOSE?

11 MERE CLOSE is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 11 on MERE CLOSE.