4, OLD SCHOOL PLACE, WESTERGATE, CHICHESTER, PO20 3QR - £590,000

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.

4 OLD SCHOOL PLACE is a large extended detached house of 145m², built sometime between 2003 and 2006, which could now be worth an estimated £573,425. It was last sold for £590,000 in December 2022, which was about the average December 2022 detached price in the Arun local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was A.

4 OLD SCHOOL PLACE Sold Prices

Land registry data shows two sales for 4 OLD SCHOOL PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two 4 OLD SCHOOL PLACE sales was roughly equal to the average price, whilst the other was 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
2022 9 DEC	£590,000	£591,318	Close to HPI
2004 15 JAN	£310,000	£279,553	11% above HPI

4 OLD SCHOOL PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 4 OLD SCHOOL PLACE sales from January 2004 and December 2022 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 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 OLD SCHOOL PLACE be worth now?

4 OLD SCHOOL PLACE might now be worth an estimated £573,425.

This is based on house price deflation of 2.8%, between December 2022 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% deflationary decrease is applied to the most recent sale price for 4 OLD SCHOOL PLACE of £590,000 on 9th December 2022. For the value to have decreased from £590,000 to £573,425 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 OLD SCHOOL PLACE has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2022 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OLD SCHOOL PLACE has not materially changed since December 2022.

How Large is 4 OLD SCHOOL PLACE?

4 OLD SCHOOL PLACE is 145m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westergate, and where 4 OLD SCHOOL PLACE lies on this distribution: 80% of detached houses houses are smaller than 4 OLD SCHOOL PLACE, and 20% of houses are larger. Note that EPC data is not available for all properties in Westergate.

4 OLD SCHOOL PLACE: Plot and Title Map

4 OLD SCHOOL PLACE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 4 OLD SCHOOL PLACE, 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 OLD SCHOOL PLACE). 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 OLD SCHOOL PLACE?

4 OLD SCHOOL PLACE is located in WESTERGATE, in the PO20 postcode district. The below map shows the position of No. 4 on OLD SCHOOL PLACE.