23, IVY CLOSE, WESTERGATE, CHICHESTER, PO20 3RF - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 IVY CLOSE is a very small extended detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £360,696. It was last sold for £370,000 in September 2022, which was around 37% below the average September 2022 detached price in the Arun local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

23 IVY CLOSE Sold Prices

Land registry data shows two sales for 23 IVY CLOSE 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. Both of the two 23 IVY 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
2022 23 SEP	£370,000	£586,848	37% below HPI
2019 11 APR	£280,000	£469,666	40% below HPI

23 IVY CLOSE 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 23 IVY CLOSE sales from April 2019 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 April 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 23 IVY CLOSE be worth now?

23 IVY CLOSE might now be worth an estimated £360,696.

This is based on house price deflation of 2.5%, between September 2022 and December 2024, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% deflationary decrease is applied to the most recent sale price for 23 IVY CLOSE of £370,000 on 23rd September 2022. For the value to have decreased from £370,000 to £360,696 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 23 IVY CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The September 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 23 IVY CLOSE has not materially changed since September 2022.

How Large is 23 IVY CLOSE?

23 IVY CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westergate, and where 23 IVY CLOSE lies on this distribution: 3% of detached houses houses are smaller than 23 IVY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Westergate.

23 IVY CLOSE: Plot and Title Map

23 IVY CLOSE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 23 IVY 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 23 IVY 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 23 IVY CLOSE?

23 IVY CLOSE is located in WESTERGATE, in the PO20 postcode district. The below map shows the position of No. 23 on IVY CLOSE.