36, NICOLSON CLOSE, TANGMERE, CHICHESTER, PO20 2LA - £385,000

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

36 NICOLSON CLOSE is a midsized detached house of 113m², built sometime between 1996 and 2002. It was last sold for £385,000 in May 2017, which was around 32% below the average May 2017 detached price in the Chichester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

36 NICOLSON CLOSE Sold Prices

Land registry data shows three sales for 36 NICOLSON 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. All of the three 36 NICOLSON CLOSE 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
2017 10 MAY	£385,000	£570,027	32% below HPI
2004 17 DEC	£285,000	£374,661	24% below HPI
2001 11 DEC	£235,000	£257,435	9% below HPI

36 NICOLSON 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 36 NICOLSON CLOSE sales between December 2001 and May 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 December 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 36 NICOLSON CLOSE?

36 NICOLSON CLOSE is 113m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses by size in Tangmere, and where 36 NICOLSON CLOSE lies on this distribution: 47% of detached houses are smaller than 36 NICOLSON CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

36 NICOLSON CLOSE: Plot and Title Map

36 NICOLSON CLOSE sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 36 NICOLSON 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 36 NICOLSON 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 36 NICOLSON CLOSE?

36 NICOLSON CLOSE is located in TANGMERE, in the PO20 postcode district. The below map shows the position of No. 36 on NICOLSON CLOSE.