17, NICOLSON CLOSE, TANGMERE, CHICHESTER, PO20 2LA - £625,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

17 NICOLSON CLOSE is a very large extended detached house of 164m², built sometime between 1996 and 2002. It was last sold for £625,000 in September 2022, which was around 14% below the average September 2022 detached price in the Chichester local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

17 NICOLSON CLOSE Sold Prices

Land registry data shows three sales for 17 NICOLSON 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. The three 17 NICOLSON CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2022 21 SEP	£625,000	£723,263	14% below HPI
2003 4 APR	£360,000	£330,305	9% above HPI
2002 29 AUG	£290,000	£290,420	Close to HPI

17 NICOLSON 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 NICOLSON CLOSE sales between August 2002 and September 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 April 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 17 NICOLSON CLOSE?

17 NICOLSON CLOSE is 164m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% 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 NICOLSON CLOSE lies on this distribution: 87% of detached houses are smaller than 17 NICOLSON CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

17 NICOLSON CLOSE: Plot and Title Map

17 NICOLSON CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 17 NICOLSON 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 NICOLSON 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 NICOLSON CLOSE?

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