6, ELM CLOSE, BRACKLESHAM BAY, CHICHESTER, PO20 8HY - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 ELM CLOSE is a small extended detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £567,764. It was last sold for £500,000 in June 2021, which was around 21% below the average June 2021 detached price in the Chichester local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

6 ELM CLOSE Sold Prices

Land registry data shows four sales for 6 ELM CLOSE 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 6 ELM 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
2021 28 JUN	£500,000	£631,231	21% below HPI
2020 16 MAR	£380,000	£614,083	38% below HPI
1998 7 AUG	£86,500	£178,109	51% below HPI
1995 13 OCT	£70,000	£129,667	46% below HPI

6 ELM 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 four 6 ELM CLOSE sales between October 1995 and June 2021 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 2020 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 6 ELM CLOSE be worth now?

6 ELM CLOSE might now be worth an estimated £567,764.

This is based on house price inflation of 13.6%, between June 2021 and February 2025, 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 13.6% inflationary increase is applied to the most recent sale price for 6 ELM CLOSE of £500,000 on 28th June 2021. For the value to have increased from £500,000 to £567,764 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 6 ELM CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The June 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ELM CLOSE has not materially changed since June 2021.

How Large is 6 ELM CLOSE?

6 ELM CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 30% of detached houses houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Wittering, and where 6 ELM CLOSE lies on this distribution: 23% of detached houses houses are smaller than 6 ELM CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

6 ELM CLOSE: Plot and Title Map

6 ELM CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 6 ELM 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 6 ELM 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 6 ELM CLOSE?

6 ELM CLOSE is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 6 on ELM CLOSE.