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 THIRD AVENUE is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £340,000 in October 2017, which was around 43% below the average October 2017 detached price in the Chichester local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 15 THIRD AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four 15 THIRD AVENUE 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 31 OCT | £340,000 | £594,647 | 43% below HPI |
2002 20 SEP | £139,950 | £299,105 | 53% below HPI |
1999 5 MAR | £87,000 | £175,087 | 50% below HPI |
1997 26 MAR | £77,500 | £141,630 | 45% below HPI |
The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The four 15 THIRD AVENUE sales between March 1997 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 September 2002 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2017 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.
15 THIRD AVENUE is 91m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% 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 15 THIRD AVENUE lies on this distribution: 31% of detached houses are smaller than 15 THIRD AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in East Wittering.
15 THIRD AVENUE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 15 THIRD AVENUE, 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 THIRD AVENUE). 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.
15 THIRD AVENUE is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 15 on THIRD AVENUE.