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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 NEW ROAD is a midsized extended detached house of 113m², built sometime between 1900 and 1929, which could now be worth an estimated £496,974. It was last sold for £355,000 in May 2015, which was around 31% 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	£512,012	31% below HPI
2004 11 JUN	£150,000	£348,842	57% 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 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the May 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 18 NEW ROAD be worth now?

18 NEW ROAD might now be worth an estimated £496,974.

This is based on house price inflation of 40%, between May 2015 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40% inflationary increase is applied to the most recent sale price for 18 NEW ROAD of £355,000 on 28th May 2015. For the value to have increased from £355,000 to £496,974 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 18 NEW ROAD has moved in line with the HPI for detached houses in the Chichester local authority area.
• The May 2015 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 18 NEW ROAD has not materially changed since May 2015.

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 houses in Southbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southbourne, and where 18 NEW ROAD lies on this distribution: 41% of detached houses 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.