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

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 IVY CLOSE is a very small extended detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £449,007. It was last sold for £440,000 in June 2022, which was around 22% 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	£560,615	22% below HPI
2014 17 NOV	£249,950	£389,837	36% below HPI
2008 2 MAY	£207,000	£353,955	42% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 IVY CLOSE be worth now?

15 IVY CLOSE might now be worth an estimated £449,007.

This is based on house price inflation of 2%, between June 2022 and December 2024, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% inflationary increase is applied to the most recent sale price for 15 IVY CLOSE of £440,000 on 1st June 2022. For the value to have increased from £440,000 to £449,007 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 15 IVY CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 15 IVY CLOSE has not materially changed since June 2022.

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 houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westergate, and where 15 IVY CLOSE lies on this distribution: 9% of detached houses 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.