41, IVY CLOSE, WESTERGATE, CHICHESTER, PO20 3RF - £250,000

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 IVY CLOSE is a very small semi-detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £304,996. It was last sold for £250,000 in March 2020, which was around 16% below the average March 2020 semi-detached price in the Arun local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

41 IVY CLOSE Sold Prices

Land registry data shows two sales for 41 IVY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. Both of the two 41 IVY 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
2020 2 MAR	£250,000	£296,713	16% below HPI
2016 23 SEP	£220,000	£277,591	21% below HPI

41 IVY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The two 41 IVY CLOSE sales from September 2016 and March 2020 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 September 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 41 IVY CLOSE be worth now?

41 IVY CLOSE might now be worth an estimated £304,996.

This is based on house price inflation of 22%, between March 2020 and February 2025, for semi-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 22% inflationary increase is applied to the most recent sale price for 41 IVY CLOSE of £250,000 on 2nd March 2020. For the value to have increased from £250,000 to £304,996 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 41 IVY CLOSE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The March 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 41 IVY CLOSE has not materially changed since March 2020.

How Large is 41 IVY CLOSE?

41 IVY CLOSE is 77m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of semi-detached houses houses in Westergate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Westergate, and where 41 IVY CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 41 IVY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Westergate.

41 IVY CLOSE: Plot and Title Map

41 IVY CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 41 IVY 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 IVY 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 IVY CLOSE?

41 IVY CLOSE is located in WESTERGATE, in the PO20 postcode district. The below map shows the position of No. 41 on IVY CLOSE.