3, MILES COTTAGES, TAYLORS LANE, BOSHAM, CHICHESTER, PO18 8QG - £232,500

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 MILES COTTAGES is a very small detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £261,613. It was last sold for £232,500 in March 2021, which was around 64% below the average March 2021 detached price in the Chichester local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was C.

3 MILES COTTAGES Sold Prices

Land registry data shows five sales for 3 MILES COTTAGES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the five 3 MILES COTTAGES 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
2021 19 MAR	£232,500	£637,015	64% below HPI
2016 8 AUG	£245,000	£586,459	58% below HPI
2010 26 MAY	£165,000	£435,675	62% below HPI
2000 31 OCT	£102,500	£241,972	58% below HPI
1999 1 DEC	£72,500	£198,645	64% below HPI

3 MILES COTTAGES 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 five 3 MILES COTTAGES sales between December 1999 and March 2021 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 August 2016 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the March 2021 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

What might 3 MILES COTTAGES be worth now?

3 MILES COTTAGES might now be worth an estimated £261,613.

This is based on house price inflation of 12.5%, between March 2021 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 12.5% inflationary increase is applied to the most recent sale price for 3 MILES COTTAGES of £232,500 on 19th March 2021. For the value to have increased from £232,500 to £261,613 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 3 MILES COTTAGES has moved in line with the HPI for detached houses in the Chichester local authority area.
• The March 2021 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MILES COTTAGES has not materially changed since March 2021.

How Large is 3 MILES COTTAGES?

3 MILES COTTAGES is 59m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses houses in Bosham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bosham, and where 3 MILES COTTAGES lies on this distribution: 1% of detached houses houses are smaller than 3 MILES COTTAGES, and 99% of houses are larger. Note that EPC data is not available for all properties in Bosham.

3 MILES COTTAGES: Plot and Title Map

3 MILES COTTAGES sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 3 MILES COTTAGES, 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 MILES COTTAGES). 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 MILES COTTAGES?

3 MILES COTTAGES is located on TAYLORS LANE in BOSHAM, in the PO18 postcode district. The below map shows the position of 3 MILES COTTAGES on TAYLORS LANE.