50, MERE CLOSE, BRACKLESHAM BAY, CHICHESTER, PO20 8AG - £260,000

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

50 MERE CLOSE is a midsized extended semi-detached house of 107m², built sometime between 2003 and 2006. It was last sold for £260,000 in July 2014, which was around 46% below the average July 2014 detached price in the Chichester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

50 MERE CLOSE Sold Prices

Land registry data shows two sales for 50 MERE 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 50 MERE 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
2014 25 JUL	£260,000	£481,532	46% below HPI
2003 31 JUL	£192,000	£336,981	43% below HPI

50 MERE 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 50 MERE CLOSE sales from July 2003 and July 2014 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 July 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2014 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 50 MERE CLOSE?

50 MERE CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses by size in East Wittering, and where 50 MERE CLOSE lies on this distribution: 49% of detached houses are smaller than 50 MERE CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

50 MERE CLOSE: Plot and Title Map

50 MERE CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 50 MERE 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 50 MERE 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 50 MERE CLOSE?

50 MERE CLOSE is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 50 on MERE CLOSE.