22, BAILEYS WAY, HAMBROOK, CHICHESTER, PO18 8FE - £410,000

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

22 BAILEYS WAY is a midsized detached house of 112m². It was last sold for £410,000 in September 2022, which was around 43% below the average September 2022 detached price in the Chichester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was B, and the potential energy rating was B.

22 BAILEYS WAY Sold Prices

Land registry data shows three sales for 22 BAILEYS WAY 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 22 BAILEYS WAY 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
2022 30 SEP	£410,000	£723,263	43% below HPI
2016 4 JAN	£380,000	£534,269	29% below HPI
2013 23 AUG	£325,000	£450,025	28% below HPI

22 BAILEYS WAY 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 22 BAILEYS WAY sales between August 2013 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 January 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 22 BAILEYS WAY?

22 BAILEYS WAY is 112m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 50% of detached houses in Nutbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Nutbourne, and where 22 BAILEYS WAY lies on this distribution: 40% of detached houses are smaller than 22 BAILEYS WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Nutbourne.

22 BAILEYS WAY: Plot and Title Map

22 BAILEYS WAY sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 22 BAILEYS WAY, 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 22 BAILEYS WAY). 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 22 BAILEYS WAY?

22 BAILEYS WAY is located in HAMBROOK, in the PO18 postcode district. The below map shows the position of No. 22 on BAILEYS WAY.