4, MERE CLOSE, BRACKLESHAM BAY, CHICHESTER, PO20 8AG - £312,000

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

4 MERE CLOSE is a large detached house of 128m², built sometime between 2003 and 2006. It was last sold for £312,000 in December 2014, which was around 37% below the average December 2014 detached price in the Chichester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

4 MERE CLOSE Sold Prices

Land registry data shows three sales for 4 MERE 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 4 MERE 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
2014 19 DEC	£312,000	£497,296	37% below HPI
2006 17 FEB	£249,950	£352,065	29% below HPI
2003 27 JUN	£212,000	£327,505	35% below HPI

4 MERE 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 4 MERE CLOSE sales between June 2003 and December 2014 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 February 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 4 MERE CLOSE?

4 MERE CLOSE is 128m² according to the EPC inspection conducted in September 2014. 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 MERE CLOSE lies on this distribution: 68% of detached houses are smaller than 4 MERE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

4 MERE CLOSE: Plot and Title Map

4 MERE CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 4 MERE 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 4 MERE 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 4 MERE CLOSE?

4 MERE CLOSE is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 4 on MERE CLOSE.