2, ELM CLOSE, BRACKLESHAM BAY, CHICHESTER, PO20 8HY - £512,500

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

2 ELM CLOSE is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £512,500 in August 2024, which was around 29% below the average August 2024 detached price in the Chichester local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

2 ELM CLOSE Sold Prices

Land registry data shows five sales for 2 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the five 2 ELM 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 1 AUG	£512,500	£718,267	29% below HPI
2009 14 OCT	£310,000	£410,159	24% below HPI
2004 9 JUL	£268,450	£348,481	23% below HPI
2004 23 APR	£170,000	£350,926	52% below HPI
2003 22 JUL	£187,500	£336,981	44% below HPI

2 ELM 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 five 2 ELM CLOSE sales between July 2003 and August 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 October 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 ELM CLOSE?

2 ELM CLOSE is 90m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% of detached houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses by size in East Wittering, and where 2 ELM CLOSE lies on this distribution: 29% of detached houses are smaller than 2 ELM CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

2 ELM CLOSE: Plot and Title Map

2 ELM CLOSE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 2 ELM 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 ELM 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 ELM CLOSE?

2 ELM CLOSE is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 2 on ELM CLOSE.