2, LIME AVENUE, WESTERGATE, CHICHESTER, PO20 3UF - £520,000

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

2 LIME AVENUE is a very large extended detached house of 149m², built sometime between 1996 and 2002. It was last sold for £520,000 in June 2024, which was around 6% below the average June 2024 detached price in the Arun local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

2 LIME AVENUE Sold Prices

Land registry data shows three sales for 2 LIME AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Two of the three 2 LIME AVENUE sales were for below the average price, whilst one was 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 21 JUN	£520,000	£556,015	6% below HPI
2015 30 SEP	£375,000	£393,200	5% below HPI
2001 19 DEC	£249,950	£203,354	23% above HPI

2 LIME AVENUE 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 three 2 LIME AVENUE sales between December 2001 and June 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 September 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 LIME AVENUE?

2 LIME AVENUE is 149m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses by size in Westergate, and where 2 LIME AVENUE lies on this distribution: 85% of detached houses are smaller than 2 LIME AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Westergate.

2 LIME AVENUE: Plot and Title Map

2 LIME AVENUE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 2 LIME AVENUE, 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 LIME AVENUE). 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 LIME AVENUE?

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