2, THE ROWANS, BROAD ROAD, HAMBROOK, CHICHESTER, PO18 8RF - £550,000

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 THE ROWANS is a midsized extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £550,000 in March 2015, which was around 9% above the average March 2015 detached price in the Chichester local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

2 THE ROWANS Sold Prices

Land registry data shows three sales for 2 THE ROWANS 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 THE ROWANS 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
2015 30 MAR	£550,000	£504,297	9% above HPI
2002 12 SEP	£375,000	£299,105	25% above HPI
1999 20 AUG	£210,000	£185,635	13% above HPI

2 THE ROWANS 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 THE ROWANS sales between August 1999 and March 2015 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 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 THE ROWANS?

2 THE ROWANS is 135m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 50% of detached houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses by size in Hambrook, and where 2 THE ROWANS lies on this distribution: 46% of detached houses are smaller than 2 THE ROWANS, and 52% of houses are larger. Note that EPC data is not available for all properties in Hambrook.

2 THE ROWANS: Plot and Title Map

2 THE ROWANS sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 2 THE ROWANS, 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 THE ROWANS). 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 THE ROWANS?

2 THE ROWANS is located on BROAD ROAD in HAMBROOK, in the PO18 postcode district. The below map shows the position of 2 THE ROWANS on BROAD ROAD.