2, BEECH CLOSE, WESTERGATE, CHICHESTER, PO20 3RG - £198,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 BEECH CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £340,786. It was last sold for £198,000 in February 2013, which was around 40% below the average February 2013 detached price in the Arun local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

2 BEECH CLOSE Sold Prices

Land registry data shows two sales for 2 BEECH 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 Arun local authority area for the corresponding sale date. Both of the two 2 BEECH 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
2013 15 FEB	£198,000	£332,390	40% below HPI
2000 20 DEC	£73,830	£182,570	60% below HPI

2 BEECH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 2 BEECH CLOSE sales from December 2000 and February 2013 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 December 2000 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the February 2013 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 BEECH CLOSE be worth now?

2 BEECH CLOSE might now be worth an estimated £340,786.

This is based on house price inflation of 72.1%, between February 2013 and December 2024, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.1% inflationary increase is applied to the most recent sale price for 2 BEECH CLOSE of £198,000 on 15th February 2013. For the value to have increased from £198,000 to £340,786 over the ten years and two months to December 2024, the following assumptions must hold true:

• The value of 2 BEECH CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2013 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BEECH CLOSE has not materially changed since February 2013.

How Large is 2 BEECH CLOSE?

2 BEECH CLOSE is 69m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westergate, and where 2 BEECH CLOSE lies on this distribution: 3% of detached houses houses are smaller than 2 BEECH CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Westergate.

2 BEECH CLOSE: Plot and Title Map

2 BEECH CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 2 BEECH 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 2 BEECH 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 2 BEECH CLOSE?

2 BEECH CLOSE is located in WESTERGATE, in the PO20 postcode district. The below map shows the position of No. 2 on BEECH CLOSE.