3, SECOND AVENUE, BRACKLESHAM BAY, CHICHESTER, PO20 8HL - £420,000

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 SECOND AVENUE is a small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £500,310. It was last sold for £420,000 in June 2019, which was around 30% below the average June 2019 detached price in the Chichester local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

3 SECOND AVENUE Sold Prices

Land registry data shows three sales for 3 SECOND AVENUE 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 3 SECOND AVENUE 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
2019 12 JUN	£420,000	£601,722	30% below HPI
2006 15 DEC	£249,500	£400,050	38% below HPI
1998 8 SEP	£129,950	£176,058	26% below HPI

3 SECOND AVENUE 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 3 SECOND AVENUE sales between September 1998 and June 2019 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 December 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 SECOND AVENUE be worth now?

3 SECOND AVENUE might now be worth an estimated £500,310.

This is based on house price inflation of 19.1%, between June 2019 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 19.1% inflationary increase is applied to the most recent sale price for 3 SECOND AVENUE of £420,000 on 12th June 2019. For the value to have increased from £420,000 to £500,310 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 3 SECOND AVENUE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The June 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SECOND AVENUE has not materially changed since June 2019.

How Large is 3 SECOND AVENUE?

3 SECOND AVENUE is 90m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 30% of detached houses houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Wittering, and where 3 SECOND AVENUE lies on this distribution: 29% of detached houses houses are smaller than 3 SECOND AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

3 SECOND AVENUE: Plot and Title Map

3 SECOND AVENUE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 3 SECOND AVENUE, 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 SECOND AVENUE). 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 SECOND AVENUE?

3 SECOND AVENUE is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 3 on SECOND AVENUE.