37, CASPIAN CLOSE, FISHBOURNE, CHICHESTER, PO18 8AY - £445,500

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.

37 CASPIAN CLOSE is a large extended detached house of 150m², built sometime from 2007 onwards, which could now be worth an estimated £583,460. It was last sold for £445,500 in February 2016, which was around 19% below the average February 2016 detached price in the Chichester local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

37 CASPIAN CLOSE Sold Prices

Land registry data shows two sales for 37 CASPIAN 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. Both of the two 37 CASPIAN 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
2016 22 FEB	£445,500	£547,296	19% below HPI
2004 14 DEC	£310,000	£382,860	19% below HPI

37 CASPIAN 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 37 CASPIAN CLOSE sales from December 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 December 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2016 sale, which was also at 19% below the HPI.

What might 37 CASPIAN CLOSE be worth now?

37 CASPIAN CLOSE might now be worth an estimated £583,460.

This is based on house price inflation of 31%, between February 2016 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 31% inflationary increase is applied to the most recent sale price for 37 CASPIAN CLOSE of £445,500 on 22nd February 2016. For the value to have increased from £445,500 to £583,460 over the nine years to February 2025, the following assumptions must hold true:

• The value of 37 CASPIAN CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The February 2016 sale price of £445,500 represented a fair market value for the property.
• The size, condition, and specification of 37 CASPIAN CLOSE has not materially changed since February 2016.

How Large is 37 CASPIAN CLOSE?

37 CASPIAN CLOSE is 150m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 30% of detached houses houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fishbourne, and where 37 CASPIAN CLOSE lies on this distribution: 78% of detached houses houses are smaller than 37 CASPIAN CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

37 CASPIAN CLOSE: Plot and Title Map

37 CASPIAN CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 37 CASPIAN 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 37 CASPIAN 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 37 CASPIAN CLOSE?

37 CASPIAN CLOSE is located in FISHBOURNE, in the PO18 postcode district. The below map shows the position of No. 37 on CASPIAN CLOSE.