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
5 WILLOWMEAD CLOSE is a midsized detached house of 176m², built sometime between 2003 and 2006. It was last sold for £475,000 in December 2013, which was around 4% above the average December 2013 detached price in the Chichester local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 WILLOWMEAD CLOSE since 1st 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 5 WILLOWMEAD CLOSE sales were for above 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 |
---|---|---|---|
2013 11 DEC | £475,000 | £456,544 | 4% above HPI |
2005 30 JUN | £435,000 | £374,781 | 16% above HPI |
2004 8 APR | £410,000 | £350,926 | 17% above HPI |
The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The three 5 WILLOWMEAD CLOSE sales between April 2004 and December 2013 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 June 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2013 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.
5 WILLOWMEAD CLOSE is 176m² according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in Runcton, and where 5 WILLOWMEAD CLOSE lies on this distribution: 60% of detached houses are smaller than 5 WILLOWMEAD CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Runcton.
5 WILLOWMEAD CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 5 WILLOWMEAD 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 WILLOWMEAD 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.
5 WILLOWMEAD CLOSE is located in RUNCTON, in the PO20 postcode district. The below map shows the position of No. 5 on WILLOWMEAD CLOSE.