12, BOURNE CLOSE, CHICHESTER, PO19 3QJ - £371,000

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.

12 BOURNE CLOSE is a very small extended detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £460,589. It was last sold for £371,000 in October 2016, which was around 36% below the average October 2016 detached price in the Chichester local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

12 BOURNE CLOSE Sold Prices

Land registry data shows four sales for 12 BOURNE 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 12 BOURNE 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
2016 14 OCT	£371,000	£577,359	36% below HPI
2014 29 MAY	£304,000	£480,367	37% below HPI
2006 20 DEC	£275,000	£400,050	31% below HPI
1998 30 MAR	£82,700	£165,853	50% below HPI

12 BOURNE 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 12 BOURNE CLOSE sales between March 1998 and October 2016 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 May 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2016 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 12 BOURNE CLOSE be worth now?

12 BOURNE CLOSE might now be worth an estimated £460,589.

This is based on house price inflation of 24.1%, between October 2016 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 24.1% inflationary increase is applied to the most recent sale price for 12 BOURNE CLOSE of £371,000 on 14th October 2016. For the value to have increased from £371,000 to £460,589 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 BOURNE CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The October 2016 sale price of £371,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BOURNE CLOSE has not materially changed since October 2016.

How Large is 12 BOURNE CLOSE?

12 BOURNE CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fishbourne, and where 12 BOURNE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 12 BOURNE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

12 BOURNE CLOSE: Plot and Title Map

12 BOURNE CLOSE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 12 BOURNE 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 12 BOURNE 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 12 BOURNE CLOSE?

12 BOURNE CLOSE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 12 on BOURNE CLOSE.