48, CHURCHWOOD DRIVE, TANGMERE, CHICHESTER, PO20 2GS - £222,500

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

48 CHURCHWOOD DRIVE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £222,500 in July 2017, which was around 62% below the average July 2017 detached price in the Chichester local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

48 CHURCHWOOD DRIVE Sold Prices

Land registry data shows three sales for 48 CHURCHWOOD DRIVE since 1^st 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 48 CHURCHWOOD DRIVE 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
2017 20 JUL	£222,500	£582,422	62% below HPI
2009 27 NOV	£170,000	£417,659	59% below HPI
1996 5 JAN	£68,000	£128,569	47% below HPI

48 CHURCHWOOD DRIVE 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 three 48 CHURCHWOOD DRIVE sales between January 1996 and July 2017 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 November 2009 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the July 2017 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 48 CHURCHWOOD DRIVE?

48 CHURCHWOOD DRIVE is 70m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of detached houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses by size in Tangmere, and where 48 CHURCHWOOD DRIVE lies on this distribution: 2% of detached houses are smaller than 48 CHURCHWOOD DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

48 CHURCHWOOD DRIVE: Plot and Title Map

48 CHURCHWOOD DRIVE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 48 CHURCHWOOD DRIVE, 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 48 CHURCHWOOD DRIVE). 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 48 CHURCHWOOD DRIVE?

48 CHURCHWOOD DRIVE is located in TANGMERE, in the PO20 postcode district. The below map shows the position of No. 48 on CHURCHWOOD DRIVE.