3, WILLOWMEAD CLOSE, RUNCTON, CHICHESTER, PO20 1NH - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 WILLOWMEAD CLOSE is a large extended detached house of 177m², built sometime between 2003 and 2006. It was last sold for £500,000 in February 2016, which was around 7% below the average February 2016 detached price in the Chichester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

3 WILLOWMEAD CLOSE Sold Prices

Land registry data shows two sales for 3 WILLOWMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. One of the two 3 WILLOWMEAD CLOSE sales was for below the average price, whilst the other was 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
2016 17 FEB	£500,000	£535,575	7% below HPI
2004 9 JUL	£415,000	£348,481	19% above HPI

3 WILLOWMEAD 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 two 3 WILLOWMEAD CLOSE sales from July 2004 and February 2016 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 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 WILLOWMEAD CLOSE?

3 WILLOWMEAD CLOSE is 177m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in Runcton, and where 3 WILLOWMEAD CLOSE lies on this distribution: 61% of detached houses are smaller than 3 WILLOWMEAD CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Runcton.

3 WILLOWMEAD CLOSE: Plot and Title Map

3 WILLOWMEAD CLOSE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 3 WILLOWMEAD 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 WILLOWMEAD 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 WILLOWMEAD CLOSE?

3 WILLOWMEAD CLOSE is located in RUNCTON, in the PO20 postcode district. The below map shows the position of No. 3 on WILLOWMEAD CLOSE.