19, OLD SCHOOL CLOSE, PETWORTH, GU28 9BF - £390,000

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

19 OLD SCHOOL CLOSE is a very small detached house of 80m². It was last sold for £390,000 in July 2023, which was around 44% below the average July 2023 detached price in the Chichester local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was A.

19 OLD SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 19 OLD SCHOOL CLOSE 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 19 OLD SCHOOL 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
2023 7 JUL	£390,000	£698,665	44% below HPI
2020 5 OCT	£400,000	£643,024	38% below HPI

19 OLD SCHOOL 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 two 19 OLD SCHOOL CLOSE sales from October 2020 and July 2023 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 October 2020 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 19 OLD SCHOOL CLOSE?

19 OLD SCHOOL CLOSE is 80m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Petworth, based on EPC data. The below chart shows the distribution of detached houses by size in Petworth, and where 19 OLD SCHOOL CLOSE lies on this distribution: 11% of detached houses are smaller than 19 OLD SCHOOL CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Petworth.

19 OLD SCHOOL CLOSE: Plot and Title Map

19 OLD SCHOOL CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 19 OLD SCHOOL 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 19 OLD SCHOOL 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 19 OLD SCHOOL CLOSE?

19 OLD SCHOOL CLOSE is located in PETWORTH, in the GU28 postcode district. The below map shows the position of No. 19 on OLD SCHOOL CLOSE.