17, DERWENT CLOSE, TANGMERE, CHICHESTER, PO20 2FQ - £290,000

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

17 DERWENT CLOSE is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £290,000 in August 2012, which was around 34% below the average August 2012 detached price in the Chichester local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

17 DERWENT CLOSE Sold Prices

Land registry data shows three sales for 17 DERWENT 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 17 DERWENT 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
2012 24 AUG	£290,000	£438,544	34% below HPI
2002 6 SEP	£230,000	£299,105	23% below HPI
2000 14 JAN	£142,000	£202,945	30% below HPI

17 DERWENT 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 17 DERWENT CLOSE sales between January 2000 and August 2012 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2012 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 17 DERWENT CLOSE?

17 DERWENT CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% of detached houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses by size in Tangmere, and where 17 DERWENT CLOSE lies on this distribution: 47% of detached houses are smaller than 17 DERWENT CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

17 DERWENT CLOSE: Plot and Title Map

17 DERWENT CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 17 DERWENT 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 17 DERWENT 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 17 DERWENT CLOSE?

17 DERWENT CLOSE is located in TANGMERE, in the PO20 postcode district. The below map shows the position of No. 17 on DERWENT CLOSE.