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 MILL GARDENS is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £352,000 in March 2021, which was around 44% below the average March 2021 detached price in the Chichester local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 MILL GARDENS since 1st 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 MILL GARDENS 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 |
---|---|---|---|
2021 19 MAR | £352,000 | £623,373 | 44% below HPI |
2013 31 JUL | £279,950 | £456,891 | 39% below HPI |
2013 4 JAN | £230,000 | £434,401 | 47% below HPI |
The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The three 4 MILL GARDENS sales between January 2013 and March 2021 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 July 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
4 MILL GARDENS is 88m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 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 4 MILL GARDENS lies on this distribution: 25% of detached houses are smaller than 4 MILL GARDENS, and 74% of houses are larger. Note that EPC data is not available for all properties in East Wittering.
4 MILL GARDENS sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 4 MILL GARDENS, 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 MILL GARDENS). 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 MILL GARDENS is located in EAST WITTERING, in the PO20 postcode district. The below map shows the position of No. 4 on MILL GARDENS.