5, NICOLSON CLOSE, TANGMERE, CHICHESTER, PO20 2LA - £445,000

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.

5 NICOLSON CLOSE is a midsized extended detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £431,567. It was last sold for £445,000 in September 2022, which was around 40% below the average September 2022 detached price in the Chichester local authority area. The most recent EPC inspection was January 2025, where the current energy rating was C, and the potential energy rating was B.

5 NICOLSON CLOSE Sold Prices

Land registry data shows two sales for 5 NICOLSON 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 5 NICOLSON 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
2022 29 SEP	£445,000	£739,091	40% below HPI
2001 20 DEC	£250,000	£263,068	5% below HPI

5 NICOLSON 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 5 NICOLSON CLOSE sales from December 2001 and September 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 December 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 5 NICOLSON CLOSE be worth now?

5 NICOLSON CLOSE might now be worth an estimated £431,567.

This is based on house price deflation of 3%, between September 2022 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 3% deflationary decrease is applied to the most recent sale price for 5 NICOLSON CLOSE of £445,000 on 29th September 2022. For the value to have decreased from £445,000 to £431,567 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 NICOLSON CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The September 2022 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NICOLSON CLOSE has not materially changed since September 2022.

How Large is 5 NICOLSON CLOSE?

5 NICOLSON CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in January 2025. This puts it in the largest 50% of detached houses houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tangmere, and where 5 NICOLSON CLOSE lies on this distribution: 57% of detached houses houses are smaller than 5 NICOLSON CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

5 NICOLSON CLOSE: Plot and Title Map

5 NICOLSON CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 5 NICOLSON 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 5 NICOLSON 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 5 NICOLSON CLOSE?

5 NICOLSON CLOSE is located in TANGMERE, in the PO20 postcode district. The below map shows the position of No. 5 on NICOLSON CLOSE.