15, IVY CLOSE, WESTERGATE, CHICHESTER, PO20 3RF - £440,000

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

15 IVY CLOSE is a very small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £440,000 in June 2022, which was around 19% below the average June 2022 detached price in the Arun local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

15 IVY CLOSE Sold Prices

Land registry data shows three sales for 15 IVY 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 Arun local authority area for the corresponding sale date. All of the three 15 IVY 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
2022 1 JUN	£440,000	£540,389	19% below HPI
2014 17 NOV	£249,950	£375,773	33% below HPI
2008 2 MAY	£207,000	£341,185	39% below HPI

15 IVY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 15 IVY CLOSE sales between May 2008 and June 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 November 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15 IVY CLOSE?

15 IVY CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses by size in Westergate, and where 15 IVY CLOSE lies on this distribution: 9% of detached houses are smaller than 15 IVY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Westergate.

15 IVY CLOSE: Plot and Title Map

15 IVY CLOSE sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 15 IVY 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 15 IVY 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 15 IVY CLOSE?

15 IVY CLOSE is located in WESTERGATE, in the PO20 postcode district. The below map shows the position of No. 15 on IVY CLOSE.