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
31 CHAUCER DRIVE is a small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £497,500 in February 2022, which was around 27% below the average February 2022 detached price in the Chichester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 31 CHAUCER DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four 31 CHAUCER DRIVE 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 |
---|---|---|---|
2022 14 FEB | £497,500 | £678,656 | 27% below HPI |
2007 14 AUG | £264,000 | £424,442 | 38% below HPI |
2004 23 JAN | £209,000 | £358,969 | 42% below HPI |
2001 31 MAY | £147,000 | £246,807 | 40% below HPI |
The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The four 31 CHAUCER DRIVE sales between May 2001 and February 2022 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 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
31 CHAUCER DRIVE is 89m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses by size in East Wittering, and where 31 CHAUCER DRIVE lies on this distribution: 27% of detached houses are smaller than 31 CHAUCER DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in East Wittering.
31 CHAUCER DRIVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 31 CHAUCER DRIVE, 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 31 CHAUCER DRIVE). 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.
31 CHAUCER DRIVE is located in WEST WITTERING, in the PO20 postcode district. The below map shows the position of No. 31 on CHAUCER DRIVE.