53, NEWLANDS LANE, CHICHESTER, PO19 3AT - £280,000

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

53 NEWLANDS LANE is a midsized extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £280,000 in February 2014, which was around 39% below the average February 2014 detached price in the Chichester local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

53 NEWLANDS LANE Sold Prices

Land registry data shows three sales for 53 NEWLANDS LANE 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 53 NEWLANDS LANE 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 11 FEB	£280,000	£457,600	39% below HPI
2005 15 JUL	£257,000	£367,892	30% below HPI
2000 26 JUN	£129,950	£223,562	42% below HPI

53 NEWLANDS LANE 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 53 NEWLANDS LANE sales between June 2000 and February 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 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 53 NEWLANDS LANE?

53 NEWLANDS LANE is 120m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where 53 NEWLANDS LANE lies on this distribution: 49% of detached houses are smaller than 53 NEWLANDS LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Chichester.

53 NEWLANDS LANE: Plot and Title Map

53 NEWLANDS LANE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 53 NEWLANDS LANE, 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 53 NEWLANDS LANE). 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 53 NEWLANDS LANE?

53 NEWLANDS LANE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 53 on NEWLANDS LANE.