26, NICOLSON CLOSE, TANGMERE, CHICHESTER, PO20 2LA - £245,000

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

26 NICOLSON CLOSE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £245,000 in December 2013, which was around 46% below the average December 2013 detached price in the Chichester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

26 NICOLSON CLOSE Sold Prices

Land registry data shows three sales for 26 NICOLSON 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 26 NICOLSON 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
2013 6 DEC	£245,000	£456,544	46% below HPI
2003 17 NOV	£237,000	£341,109	31% below HPI
2002 1 AUG	£215,000	£290,420	26% below HPI

26 NICOLSON 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 26 NICOLSON CLOSE sales between August 2002 and December 2013 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 November 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2013 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 26 NICOLSON CLOSE?

26 NICOLSON CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses by size in Tangmere, and where 26 NICOLSON CLOSE lies on this distribution: 30% of detached houses are smaller than 26 NICOLSON CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

26 NICOLSON CLOSE: Plot and Title Map

26 NICOLSON CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 26 NICOLSON 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 26 NICOLSON 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 26 NICOLSON CLOSE?

26 NICOLSON CLOSE is located in TANGMERE, in the PO20 postcode district. The below map shows the position of No. 26 on NICOLSON CLOSE.