2, MILL HOUSE, THE RIDE, IFOLD, BILLINGSHURST, RH14 0TH - £643,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

2 MILL HOUSE is a small detached house of 147m², built sometime between 2003 and 2006. It was last sold for £643,000 in December 2019, which was around 9% above the average December 2019 detached price in the Chichester local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

2 MILL HOUSE Sold Prices

Land registry data shows four sales for 2 MILL HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four 2 MILL HOUSE 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
2019 18 DEC	£643,000	£592,414	9% above HPI
2012 20 JUL	£540,000	£436,392	24% above HPI
2007 5 OCT	£512,500	£440,052	16% above HPI
2005 13 SEP	£460,000	£375,279	23% above HPI

2 MILL HOUSE 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 four 2 MILL HOUSE sales between September 2005 and December 2019 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 July 2012 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 MILL HOUSE?

2 MILL HOUSE is 147m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 40% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where 2 MILL HOUSE lies on this distribution: 31% of detached houses are smaller than 2 MILL HOUSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ifold.

2 MILL HOUSE: Plot and Title Map

2 MILL HOUSE sits on a plot of roughly 0.299 of an acre, or 1,212m². The below map shows the location of 2 MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

2 MILL HOUSE is located on THE RIDE in IFOLD, in the RH14 postcode district. The below map shows the position of 2 MILL HOUSE on THE RIDE.