41, CASPIAN CLOSE, FISHBOURNE, CHICHESTER, PO18 8AY - £530,000

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.

41 CASPIAN CLOSE is a midsized detached house of 130m², which could now be worth an estimated £587,451. It was last sold for £530,000 in January 2021, which was around 18% below the average January 2021 detached price in the Chichester local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was B.

41 CASPIAN CLOSE Sold Prices

Land registry data shows two sales for 41 CASPIAN CLOSE since 1^st 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 41 CASPIAN 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
2021 20 JAN	£530,000	£646,681	18% below HPI
2011 5 MAY	£375,000	£447,274	16% below HPI

41 CASPIAN 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 two 41 CASPIAN CLOSE sales from May 2011 and January 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 May 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 41 CASPIAN CLOSE be worth now?

41 CASPIAN CLOSE might now be worth an estimated £587,451.

This is based on house price inflation of 10.8%, between January 2021 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.8% inflationary increase is applied to the most recent sale price for 41 CASPIAN CLOSE of £530,000 on 20th January 2021. For the value to have increased from £530,000 to £587,451 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 41 CASPIAN CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The January 2021 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 41 CASPIAN CLOSE has not materially changed since January 2021.

How Large is 41 CASPIAN CLOSE?

41 CASPIAN CLOSE is 130m² according to the EPC inspection conducted in January 2011. This puts it in the largest 50% of detached houses houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fishbourne, and where 41 CASPIAN CLOSE lies on this distribution: 59% of detached houses houses are smaller than 41 CASPIAN CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

41 CASPIAN CLOSE: Plot and Title Map

41 CASPIAN CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 41 CASPIAN 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 41 CASPIAN 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 41 CASPIAN CLOSE?

41 CASPIAN CLOSE is located in FISHBOURNE, in the PO18 postcode district. The below map shows the position of No. 41 on CASPIAN CLOSE.