41, LIME AVENUE, WESTERGATE, CHICHESTER, PO20 3UF - £500,000

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

41 LIME AVENUE is a large extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £500,000 in February 2023, which was around 11% below the average February 2023 detached price in the Arun local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

41 LIME AVENUE Sold Prices

Land registry data shows four sales for 41 LIME AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Most of the four 41 LIME AVENUE 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
2023 24 FEB	£500,000	£563,994	11% below HPI
2021 6 MAY	£400,000	£490,412	18% below HPI
2009 6 JAN	£250,000	£292,626	15% below HPI
2005 12 JUL	£296,000	£285,413	4% above HPI

41 LIME AVENUE 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 four 41 LIME AVENUE sales between July 2005 and February 2023 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 2021 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 41 LIME AVENUE?

41 LIME AVENUE is 126m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses by size in Westergate, and where 41 LIME AVENUE lies on this distribution: 61% of detached houses are smaller than 41 LIME AVENUE, and 38% of houses are larger. Note that EPC data is not available for all properties in Westergate.

41 LIME AVENUE: Plot and Title Map

41 LIME AVENUE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 41 LIME AVENUE, 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 LIME AVENUE). 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 LIME AVENUE?

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