2, OLD FARM DRIVE, WESTERGATE, CHICHESTER, PO20 3YH - £625,000

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 OLD FARM DRIVE is a large extended detached house of 128m², built sometime between 1983 and 1990. It was last sold for £625,000 in September 2022, which was around 10% above the average September 2022 detached price in the Arun local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

2 OLD FARM DRIVE Sold Prices

Land registry data shows two sales for 2 OLD FARM DRIVE 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. One of the two 2 OLD FARM DRIVE sales was for above the average price, whilst the other was 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
2022 28 SEP	£625,000	£565,676	10% above HPI
2016 10 MAR	£380,000	£410,492	7% below HPI

2 OLD FARM DRIVE 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 OLD FARM DRIVE sales from March 2016 and September 2022 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 March 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 OLD FARM DRIVE?

2 OLD FARM DRIVE is 128m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% 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 OLD FARM DRIVE lies on this distribution: 64% of detached houses are smaller than 2 OLD FARM DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Westergate.

2 OLD FARM DRIVE: Plot and Title Map

2 OLD FARM DRIVE sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 2 OLD FARM DRIVE, 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 OLD FARM DRIVE). 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 OLD FARM DRIVE?

2 OLD FARM DRIVE is located in WESTERGATE, in the PO20 postcode district. The below map shows the position of No. 2 on OLD FARM DRIVE.