50, THE AVENUE, HAMBROOK, CHICHESTER, PO18 8TY - £560,000

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 THE AVENUE is a large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £560,000 in June 2024, which was around 23% below the average June 2024 detached price in the Chichester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

50 THE AVENUE Sold Prices

Land registry data shows four sales for 50 THE 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 Chichester local authority area for the corresponding sale date. All of the four 50 THE 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
2024 3 JUN	£560,000	£727,131	23% below HPI
2018 25 MAY	£500,050	£597,321	16% below HPI
2012 7 DEC	£378,000	£433,284	13% below HPI
2008 1 AUG	£367,500	£439,556	16% below HPI

50 THE AVENUE 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 four 50 THE AVENUE sales between August 2008 and June 2024 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 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 50 THE AVENUE?

50 THE AVENUE is 157m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% of detached houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses by size in Hambrook, and where 50 THE AVENUE lies on this distribution: 66% of detached houses are smaller than 50 THE AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Hambrook.

50 THE AVENUE: Plot and Title Map

50 THE AVENUE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 50 THE 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 50 THE 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 50 THE AVENUE?

50 THE AVENUE is located in HAMBROOK, in the PO18 postcode district. The below map shows the position of No. 50 on THE AVENUE.