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 ELM TREE COTTAGES is a very small extended semi-detached house of 85m², built sometime before 1900, which could now be worth an estimated £561,781. It was last sold for £545,000 in July 2024, which was around 26% above the average July 2024 semi-detached price in the Chichester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 ELM TREE COTTAGES since 1st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chichester local authority area for the corresponding sale date. All of the three 2 ELM TREE COTTAGES sales were for above 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 15 JUL | £545,000 | £432,817 | ![]() 26% above HPI |
2021 16 APR | £595,000 | £383,669 | ![]() 55% above HPI |
2015 6 NOV | £372,500 | £335,853 | ![]() 11% above HPI |
The below graph shows the average semi-detached house price in the Chichester local authority area over time, sourced from the HPI. The three 2 ELM TREE COTTAGES sales between November 2015 and July 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 April 2021 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the July 2024 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.
2 ELM TREE COTTAGES might now be worth an estimated £561,781.
This is based on house price inflation of 3.1%, between July 2024 and February 2025, for semi-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 3.1% inflationary increase is applied to the most recent sale price for 2 ELM TREE COTTAGES of £545,000 on 15th July 2024. For the value to have increased from £545,000 to £561,781 over the one year and five months to February 2025, the following assumptions must hold true:
2 ELM TREE COTTAGES is 85m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of semi-detached houses houses in Southbourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southbourne, and where 2 ELM TREE COTTAGES lies on this distribution: 16% of semi-detached houses houses are smaller than 2 ELM TREE COTTAGES, and 83% of houses are larger. Note that EPC data is not available for all properties in Southbourne.
2 ELM TREE COTTAGES sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 2 ELM TREE COTTAGES, 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 TREE COTTAGES). 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.
2 ELM TREE COTTAGES is located on PRINSTED LANE in PRINSTED, in the PO10 postcode district. The below map shows the position of 2 ELM TREE COTTAGES on PRINSTED LANE.
Most recent sales first: