2, ROCHESTER CLOSE, CHICHESTER, PO19 5DS - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ROCHESTER CLOSE is a midsized extended detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £562,510. It was last sold for £480,000 in March 2018, which was around 22% below the average March 2018 detached price in the Chichester local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

2 ROCHESTER CLOSE Sold Prices

Land registry data shows three sales for 2 ROCHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 2 ROCHESTER 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
2018 16 MAR	£480,000	£611,641	22% below HPI
2001 24 APR	£190,000	£246,465	23% below HPI
1996 2 OCT	£88,500	£139,393	37% below HPI

2 ROCHESTER 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 three 2 ROCHESTER CLOSE sales between October 1996 and March 2018 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 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 ROCHESTER CLOSE be worth now?

2 ROCHESTER CLOSE might now be worth an estimated £562,510.

This is based on house price inflation of 17.2%, between March 2018 and February 2025, for 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 17.2% inflationary increase is applied to the most recent sale price for 2 ROCHESTER CLOSE of £480,000 on 16th March 2018. For the value to have increased from £480,000 to £562,510 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 2 ROCHESTER CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The March 2018 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROCHESTER CLOSE has not materially changed since March 2018.

How Large is 2 ROCHESTER CLOSE?

2 ROCHESTER CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 50% of detached houses houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chichester, and where 2 ROCHESTER CLOSE lies on this distribution: 47% of detached houses houses are smaller than 2 ROCHESTER CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Chichester.

2 ROCHESTER CLOSE: Plot and Title Map

2 ROCHESTER CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2 ROCHESTER 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 ROCHESTER 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 ROCHESTER CLOSE?

2 ROCHESTER CLOSE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 2 on ROCHESTER CLOSE.