18, CROSBIE CLOSE, CHICHESTER, PO19 8RZ - £440,000

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

18 CROSBIE CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £440,000 in February 2024, which was around 36% below the average February 2024 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.

18 CROSBIE CLOSE Sold Prices

Land registry data shows three sales for 18 CROSBIE 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 18 CROSBIE 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
2024 26 FEB	£440,000	£684,324	36% below HPI
2019 29 JAN	£395,000	£601,812	34% below HPI
2012 23 NOV	£270,000	£456,132	41% below HPI

18 CROSBIE 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 18 CROSBIE CLOSE sales between November 2012 and February 2024 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 January 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 18 CROSBIE CLOSE?

18 CROSBIE CLOSE is 74m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where 18 CROSBIE CLOSE lies on this distribution: 4% of detached houses are smaller than 18 CROSBIE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chichester.

18 CROSBIE CLOSE: Plot and Title Map

18 CROSBIE CLOSE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 18 CROSBIE 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 18 CROSBIE 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 18 CROSBIE CLOSE?

18 CROSBIE CLOSE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 18 on CROSBIE CLOSE.