55, PLAINWOOD CLOSE, CHICHESTER, PO19 5YB - £685,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

55 PLAINWOOD CLOSE is a very large detached house of 180m², built sometime between 1983 and 1990, which could now be worth an estimated £970,279. It was last sold for £685,000 in August 2014, which was around 37% above the average August 2014 detached price in the Chichester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

55 PLAINWOOD CLOSE Sold Prices

Land registry data shows two sales for 55 PLAINWOOD 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 55 PLAINWOOD 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
2014 1 AUG	£685,000	£499,794	37% above HPI
1997 22 AUG	£250,000	£160,044	56% above HPI

55 PLAINWOOD 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 55 PLAINWOOD CLOSE sales from August 1997 and August 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 August 1997 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2014 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 55 PLAINWOOD CLOSE be worth now?

55 PLAINWOOD CLOSE might now be worth an estimated £970,279.

This is based on house price inflation of 41.6%, between August 2014 and December 2024, 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 41.6% inflationary increase is applied to the most recent sale price for 55 PLAINWOOD CLOSE of £685,000 on 1st August 2014. For the value to have increased from £685,000 to £970,279 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 55 PLAINWOOD CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The August 2014 sale price of £685,000 represented a fair market value for the property.
• The size, condition, and specification of 55 PLAINWOOD CLOSE has not materially changed since August 2014.

How Large is 55 PLAINWOOD CLOSE?

55 PLAINWOOD CLOSE is 180m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chichester, and where 55 PLAINWOOD CLOSE lies on this distribution: 87% of detached houses houses are smaller than 55 PLAINWOOD CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Chichester.

55 PLAINWOOD CLOSE: Plot and Title Map

55 PLAINWOOD CLOSE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 55 PLAINWOOD 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 55 PLAINWOOD 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 55 PLAINWOOD CLOSE?

55 PLAINWOOD CLOSE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 55 on PLAINWOOD CLOSE.