56, CASPIAN CLOSE, FISHBOURNE, CHICHESTER, PO18 8AY - £360,000

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

56 CASPIAN CLOSE is a midsized extended detached house of 122m², built sometime between 2003 and 2006. It was last sold for £360,000 in October 2020, which was around 44% below the average October 2020 detached price in the Chichester local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

56 CASPIAN CLOSE Sold Prices

Land registry data shows three sales for 56 CASPIAN CLOSE 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 56 CASPIAN 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
2020 5 OCT	£360,000	£643,024	44% below HPI
2019 7 MAR	£360,000	£577,754	38% below HPI
2005 25 FEB	£245,000	£362,016	32% below HPI

56 CASPIAN 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 three 56 CASPIAN CLOSE sales between February 2005 and October 2020 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 March 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 56 CASPIAN CLOSE?

56 CASPIAN CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 50% of detached houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Fishbourne, and where 56 CASPIAN CLOSE lies on this distribution: 51% of detached houses are smaller than 56 CASPIAN CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

56 CASPIAN CLOSE: Plot and Title Map

56 CASPIAN CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 56 CASPIAN 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 56 CASPIAN 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 56 CASPIAN CLOSE?

56 CASPIAN CLOSE is located in FISHBOURNE, in the PO18 postcode district. The below map shows the position of No. 56 on CASPIAN CLOSE.