12, OLD SCHOOL CLOSE, PETWORTH, GU28 9BF - £590,000

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 OLD SCHOOL CLOSE is a midsized semi-detached house of 126m², which could now be worth an estimated £627,427. It was last sold for £590,000 in April 2022, which was around 41% above the average April 2022 semi-detached price in the Chichester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

12 OLD SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 12 OLD SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chichester local authority area for the corresponding sale date. Both of the two 12 OLD SCHOOL CLOSE sales were for above 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 21 APR	£590,000	£419,531	41% above HPI
2020 22 SEP	£625,000	£395,035	58% above HPI

12 OLD SCHOOL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chichester local authority area over time, sourced from the HPI. The two 12 OLD SCHOOL CLOSE sales from September 2020 and April 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 September 2020 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the April 2022 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 12 OLD SCHOOL CLOSE be worth now?

12 OLD SCHOOL CLOSE might now be worth an estimated £627,427.

This is based on house price inflation of 6.3%, between April 2022 and February 2025, for semi-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 6.3% inflationary increase is applied to the most recent sale price for 12 OLD SCHOOL CLOSE of £590,000 on 21st April 2022. For the value to have increased from £590,000 to £627,427 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 12 OLD SCHOOL CLOSE has moved in line with the HPI for semi-detached houses in the Chichester local authority area.
• The April 2022 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OLD SCHOOL CLOSE has not materially changed since April 2022.

How Large is 12 OLD SCHOOL CLOSE?

12 OLD SCHOOL CLOSE is 126m² according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of semi-detached houses houses in Petworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Petworth, and where 12 OLD SCHOOL CLOSE lies on this distribution: 52% of semi-detached houses houses are smaller than 12 OLD SCHOOL CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Petworth.

12 OLD SCHOOL CLOSE: Plot and Title Map

12 OLD SCHOOL CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 12 OLD SCHOOL 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 OLD SCHOOL 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 OLD SCHOOL CLOSE?

12 OLD SCHOOL CLOSE is located in PETWORTH, in the GU28 postcode district. The below map shows the position of No. 12 on OLD SCHOOL CLOSE.