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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

26 NICOLSON CLOSE is a small extended detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £376,416. It was last sold for £245,000 in December 2013, which was around 47% 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	£466,535	47% below HPI
2003 17 NOV	£237,000	£348,573	32% below HPI
2002 1 AUG	£215,000	£296,776	28% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2013 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 26 NICOLSON CLOSE be worth now?

26 NICOLSON CLOSE might now be worth an estimated £376,416.

This is based on house price inflation of 53.6%, between December 2013 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.6% inflationary increase is applied to the most recent sale price for 26 NICOLSON CLOSE of £245,000 on 6th December 2013. For the value to have increased from £245,000 to £376,416 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 26 NICOLSON CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The December 2013 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 26 NICOLSON CLOSE has not materially changed since December 2013.

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 houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tangmere, and where 26 NICOLSON CLOSE lies on this distribution: 30% of detached houses 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.