14, ELM CLOSE, BRACKLESHAM BAY, CHICHESTER, PO20 8HY - £345,000

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

14 ELM CLOSE is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £345,000 in February 2017, which was around 40% below the average February 2017 detached price in the Chichester local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

14 ELM CLOSE Sold Prices

Land registry data shows two sales for 14 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. Both of the two 14 ELM 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
2017 17 FEB	£345,000	£578,538	40% below HPI
2010 24 AUG	£220,000	£438,158	50% below HPI

14 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 14 ELM CLOSE sales from August 2010 and February 2017 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 August 2010 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2017 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 14 ELM CLOSE?

14 ELM CLOSE is 68m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% 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 14 ELM CLOSE lies on this distribution: 7% of detached houses are smaller than 14 ELM CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

14 ELM CLOSE: Plot and Title Map

14 ELM CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 14 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 14 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 14 ELM CLOSE?

14 ELM CLOSE is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 14 on ELM CLOSE.