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
4 FARM ROAD is a large detached house of 122m², built sometime between 1967 and 1975. It was last sold for £350,000 in July 2013, which was around 23% below the average July 2013 detached price in the Chichester local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 4 FARM ROAD 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 4 FARM ROAD 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 |
---|---|---|---|
2013 19 JUL | £350,000 | £456,891 | 23% below HPI |
2011 18 NOV | £289,000 | £443,321 | 35% below HPI |
2006 14 FEB | £245,000 | £352,065 | 30% below HPI |
2004 23 APR | £225,000 | £350,926 | 36% 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 4 FARM ROAD sales between April 2004 and July 2013 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 November 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2013 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
4 FARM ROAD is 122m² according to the EPC inspection conducted in November 2012. This puts it in the largest 40% 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 4 FARM ROAD lies on this distribution: 63% of detached houses are smaller than 4 FARM ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in East Wittering.
4 FARM ROAD sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 4 FARM ROAD, 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 4 FARM ROAD). 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.
4 FARM ROAD is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 4 on FARM ROAD.