16, OLD SCHOOL CLOSE, PETWORTH, GU28 9BF - £775,000

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

16 OLD SCHOOL CLOSE is a large detached house of 145m². It was last sold for £775,000 in June 2023, which was around 10% above the average June 2023 detached price in the Chichester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

16 OLD SCHOOL CLOSE Sold Prices

Land registry data shows three sales for 16 OLD SCHOOL 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 Chichester local authority area for the corresponding sale date. All of the three 16 OLD SCHOOL CLOSE sales were for above 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
2023 30 JUN	£775,000	£704,884	10% above HPI
2021 10 SEP	£650,000	£632,200	3% above HPI
2020 28 SEP	£715,000	£636,582	12% above HPI

16 OLD SCHOOL 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 three 16 OLD SCHOOL CLOSE sales between September 2020 and June 2023 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 2021 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 16 OLD SCHOOL CLOSE?

16 OLD SCHOOL CLOSE is 145m² according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Petworth, based on EPC data. The below chart shows the distribution of detached houses by size in Petworth, and where 16 OLD SCHOOL CLOSE lies on this distribution: 65% of detached houses are smaller than 16 OLD SCHOOL CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Petworth.

16 OLD SCHOOL CLOSE: Plot and Title Map

16 OLD SCHOOL CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 16 OLD SCHOOL 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 16 OLD SCHOOL 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 16 OLD SCHOOL CLOSE?

16 OLD SCHOOL CLOSE is located in PETWORTH, in the GU28 postcode district. The below map shows the position of No. 16 on OLD SCHOOL CLOSE.