15, CEDAR DRIVE, CHICHESTER, PO19 3EH - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 CEDAR DRIVE is a very small semi-detached house of 60m², built sometime between 1930 and 1949, which could now be worth an estimated £426,014. It was last sold for £350,000 in October 2017, which was around 5% below the average October 2017 semi-detached price in the Chichester local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

15 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 15 CEDAR DRIVE 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 15 CEDAR DRIVE 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 16 OCT	£350,000	£366,538	5% below HPI
2012 2 MAR	£245,000	£260,302	6% below HPI

15 CEDAR DRIVE 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 15 CEDAR DRIVE sales from March 2012 and October 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 March 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 15 CEDAR DRIVE be worth now?

15 CEDAR DRIVE might now be worth an estimated £426,014.

This is based on house price inflation of 21.7%, between October 2017 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 21.7% inflationary increase is applied to the most recent sale price for 15 CEDAR DRIVE of £350,000 on 16th October 2017. For the value to have increased from £350,000 to £426,014 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 CEDAR DRIVE has moved in line with the HPI for semi-detached houses in the Chichester local authority area.
• The October 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CEDAR DRIVE has not materially changed since October 2017.

How Large is 15 CEDAR DRIVE?

15 CEDAR DRIVE is 60m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of semi-detached houses houses in Chichester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chichester, and where 15 CEDAR DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 15 CEDAR DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chichester.

15 CEDAR DRIVE: Plot and Title Map

15 CEDAR DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 15 CEDAR DRIVE, 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 15 CEDAR DRIVE). 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 15 CEDAR DRIVE?

15 CEDAR DRIVE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 15 on CEDAR DRIVE.