12, ELM CLOSE, BRACKLESHAM BAY, CHICHESTER, PO20 8HY - £625,000

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

12 ELM CLOSE is a midsized extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £625,000 in August 2021, which was about the average August 2021 detached price in the Chichester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was F, and the potential energy rating was C.

12 ELM CLOSE Sold Prices

Land registry data shows two sales for 12 ELM 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. One of the two 12 ELM CLOSE sales was roughly equal to the average price, whilst the other was 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
2021 26 AUG	£625,000	£626,140	Close to HPI
1995 9 JUN	£81,000	£124,413	35% below HPI

12 ELM 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 12 ELM CLOSE sales from June 1995 and August 2021 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 June 1995 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 12 ELM CLOSE?

12 ELM CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in June 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 12 ELM CLOSE lies on this distribution: 55% of detached houses are smaller than 12 ELM CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

12 ELM CLOSE: Plot and Title Map

12 ELM CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 12 ELM 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 ELM 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 ELM CLOSE?

12 ELM CLOSE is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 12 on ELM CLOSE.