18, NEW ROAD, SOUTHBOURNE, EMSWORTH, PO10 8JX - £355,000

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 NEW ROAD is a midsized extended detached house of 113m², built sometime between 1900 and 1929. It was last sold for £355,000 in May 2015, which was around 29% below the average May 2015 detached price in the Chichester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

18 NEW ROAD Sold Prices

Land registry data shows two sales for 18 NEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two 18 NEW ROAD 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
2015 28 MAY	£355,000	£501,047	29% below HPI
2004 11 JUN	£150,000	£341,372	56% below HPI

18 NEW ROAD 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 two 18 NEW ROAD sales from June 2004 and May 2015 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 June 2004 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the May 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 18 NEW ROAD?

18 NEW ROAD is 113m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% of detached houses in Southbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Southbourne, and where 18 NEW ROAD lies on this distribution: 41% of detached houses are smaller than 18 NEW ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Southbourne.

18 NEW ROAD: Plot and Title Map

18 NEW ROAD sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 18 NEW ROAD, 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 NEW ROAD). 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 NEW ROAD?

18 NEW ROAD is located in SOUTHBOURNE, in the PO10 postcode district. The below map shows the position of No. 18 on NEW ROAD.