3, SPRINGFIELDS CLOSE, IFOLD, BILLINGSHURST, RH14 0AY - £527,000

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

3 SPRINGFIELDS CLOSE is a small detached house of 144m², built sometime from 2007 onwards. It was last sold for £527,000 in November 2017, which was around 11% below the average November 2017 detached price in the Chichester local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.

3 SPRINGFIELDS CLOSE Sold Prices

Land registry data shows three sales for 3 SPRINGFIELDS 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. One of the three 3 SPRINGFIELDS CLOSE sales was for below the average price, whilst two 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
2017 14 NOV	£527,000	£589,098	11% below HPI
2013 5 JUL	£460,000	£456,891	1% above HPI
2009 16 OCT	£435,000	£410,159	6% above HPI

3 SPRINGFIELDS 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 3 SPRINGFIELDS CLOSE sales between October 2009 and November 2017 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 July 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 SPRINGFIELDS CLOSE?

3 SPRINGFIELDS CLOSE is 144m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where 3 SPRINGFIELDS CLOSE lies on this distribution: 28% of detached houses are smaller than 3 SPRINGFIELDS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Ifold.

3 SPRINGFIELDS CLOSE: Plot and Title Map

3 SPRINGFIELDS CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 3 SPRINGFIELDS 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 3 SPRINGFIELDS 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 3 SPRINGFIELDS CLOSE?

3 SPRINGFIELDS CLOSE is located in IFOLD, in the RH14 postcode district. The below map shows the position of No. 3 on SPRINGFIELDS CLOSE.