3, GREEN LANE, CHICHESTER, PO19 7NS - £440,000

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.

3 GREEN LANE is a midsized extended semi-detached house of 117m², built sometime before 1900, which could now be worth an estimated £602,470. It was last sold for £440,000 in July 2015, which was around 35% above the average July 2015 semi-detached price in the Chichester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

3 GREEN LANE Sold Prices

Land registry data shows four sales for 3 GREEN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Chichester local authority area for the corresponding sale date. All of the four 3 GREEN LANE sales were for above 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
2015 10 JUL	£440,000	£325,831	35% above HPI
2014 23 MAY	£410,000	£291,970	40% above HPI
2011 13 MAY	£348,000	£267,792	30% above HPI
1998 27 MAR	£105,000	£95,611	10% above HPI

3 GREEN LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chichester local authority area over time, sourced from the HPI. The four 3 GREEN LANE sales between March 1998 and July 2015 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 May 2014 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 3 GREEN LANE be worth now?

3 GREEN LANE might now be worth an estimated £602,470.

This is based on house price inflation of 36.9%, between July 2015 and February 2025, for semi-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 36.9% inflationary increase is applied to the most recent sale price for 3 GREEN LANE of £440,000 on 10th July 2015. For the value to have increased from £440,000 to £602,470 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 3 GREEN LANE has moved in line with the HPI for semi-detached houses in the Chichester local authority area.
• The July 2015 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GREEN LANE has not materially changed since July 2015.

How Large is 3 GREEN LANE?

3 GREEN LANE is 117m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of semi-detached houses houses in Chichester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chichester, and where 3 GREEN LANE lies on this distribution: 46% of semi-detached houses houses are smaller than 3 GREEN LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Chichester.

3 GREEN LANE: Plot and Title Map

3 GREEN LANE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 3 GREEN LANE, 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 3 GREEN LANE). 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 3 GREEN LANE?

3 GREEN LANE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 3 on GREEN LANE.