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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 POUND CLOSE is a small detached house of 101m², built sometime between 2003 and 2006. It was last sold for £542,500 in June 2022, which was around 19% 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	£666,586	19% below HPI
2018 15 FEB	£385,000	£592,381	35% below HPI
2010 22 OCT	£325,000	£449,712	28% below HPI
2007 14 JUN	£322,000	£419,031	23% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

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 in Petworth, based on EPC data. The below chart shows the distribution of detached houses by size in Petworth, and where 11 POUND CLOSE lies on this distribution: 32% of detached houses are smaller than 11 POUND CLOSE, and 68% 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.