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
38 MARINE DRIVE WEST is a large extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £875,000 in December 2020, which was around 38% above the average December 2020 detached price in the Chichester local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 38 MARINE DRIVE WEST since 1st 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 38 MARINE DRIVE WEST sales 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 |
---|---|---|---|
2020 21 DEC | £875,000 | £633,048 | 38% above HPI |
2014 3 JAN | £578,000 | £450,143 | 28% above HPI |
The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The two 38 MARINE DRIVE WEST sales from January 2014 and December 2020 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 January 2014 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.
38 MARINE DRIVE WEST is 141m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 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 38 MARINE DRIVE WEST lies on this distribution: 76% of detached houses are smaller than 38 MARINE DRIVE WEST, and 24% of houses are larger. Note that EPC data is not available for all properties in East Wittering.
38 MARINE DRIVE WEST sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 38 MARINE DRIVE WEST, 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 38 MARINE DRIVE WEST). 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.
38 MARINE DRIVE WEST is located in WEST WITTERING, in the PO20 postcode district. The below map shows the position of No. 38 on MARINE DRIVE WEST.