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

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

23 IVY CLOSE is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £370,000 in September 2022, which was around 35% 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	£565,676	35% below HPI
2019 11 APR	£280,000	£452,722	38% 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

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 in Westergate, based on EPC data. The below chart shows the distribution of detached houses by size in Westergate, and where 23 IVY CLOSE lies on this distribution: 3% of detached 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.