11, POUND CLOSE, PETWORTH, GU28 0HX - £542,500

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.

11 POUND CLOSE is a small detached house of 101m², built sometime between 2003 and 2006, which could now be worth an estimated £570,857. It was last sold for £542,500 in June 2022, which was around 20% below the average June 2022 detached price in the Chichester local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

11 POUND CLOSE Sold Prices

Land registry data shows four sales for 11 POUND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four 11 POUND 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
2022 29 JUN	£542,500	£681,174	20% below HPI
2018 15 FEB	£385,000	£605,345	36% below HPI
2010 22 OCT	£325,000	£459,554	29% below HPI
2007 14 JUN	£322,000	£428,201	25% below HPI

11 POUND 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 four 11 POUND CLOSE sales between June 2007 and June 2022 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 February 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 11 POUND CLOSE be worth now?

11 POUND CLOSE might now be worth an estimated £570,857.

This is based on house price inflation of 5.2%, between June 2022 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 5.2% inflationary increase is applied to the most recent sale price for 11 POUND CLOSE of £542,500 on 29th June 2022. For the value to have increased from £542,500 to £570,857 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 11 POUND CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The June 2022 sale price of £542,500 represented a fair market value for the property.
• The size, condition, and specification of 11 POUND CLOSE has not materially changed since June 2022.

How Large is 11 POUND CLOSE?

11 POUND CLOSE is 101m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses houses in Petworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Petworth, and where 11 POUND CLOSE lies on this distribution: 31% of detached houses houses are smaller than 11 POUND CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Petworth.

11 POUND CLOSE: Plot and Title Map

11 POUND CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 11 POUND 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 POUND 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 POUND CLOSE?

11 POUND CLOSE is located in PETWORTH, in the GU28 postcode district. The below map shows the position of No. 11 on POUND CLOSE.