12, MCADAM CLOSE, HAMBROOK, CHICHESTER, PO18 8FG - £315,000

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 MCADAM CLOSE is a small detached house of 101m², built sometime from 2012 onwards. It was last sold for £315,000 in March 2021, which was around 49% below the average March 2021 detached price in the Chichester local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

12 MCADAM CLOSE Sold Prices

Land registry data shows three sales for 12 MCADAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 12 MCADAM 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
2021 29 MAR	£315,000	£623,373	49% below HPI
2014 17 OCT	£270,000	£500,405	46% below HPI
2012 28 SEP	£250,000	£456,950	45% below HPI

12 MCADAM 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 three 12 MCADAM CLOSE sales between September 2012 and March 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 October 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 12 MCADAM CLOSE?

12 MCADAM CLOSE is 101m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 30% of detached houses in Nutbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Nutbourne, and where 12 MCADAM CLOSE lies on this distribution: 27% of detached houses are smaller than 12 MCADAM CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Nutbourne.

12 MCADAM CLOSE: Plot and Title Map

12 MCADAM CLOSE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 12 MCADAM 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 MCADAM 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 MCADAM CLOSE?

12 MCADAM CLOSE is located in HAMBROOK, in the PO18 postcode district. The below map shows the position of No. 12 on MCADAM CLOSE.