6, THE CLOSE, IFOLD, BILLINGSHURST, RH14 0TP - £750,000

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

6 THE CLOSE is a large extended detached house of 236m², built sometime between 1991 and 1995. It was last sold for £750,000 in June 2018, which was around 27% above the average June 2018 detached price in the Chichester local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was D.

6 THE CLOSE Sold Prices

Land registry data shows four sales for 6 THE 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 THE 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
2018 1 JUN	£750,000	£589,151	27% above HPI
2009 3 DEC	£650,000	£410,194	58% above HPI
2001 20 AUG	£425,000	£254,353	67% above HPI
1998 23 MAR	£250,000	£162,301	54% above HPI

6 THE 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 THE CLOSE sales between March 1998 and June 2018 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 December 2009 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2018 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 6 THE CLOSE?

6 THE CLOSE is 236m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the largest 30% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where 6 THE CLOSE lies on this distribution: 77% of detached houses are smaller than 6 THE CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Ifold.

6 THE CLOSE: Plot and Title Map

6 THE CLOSE sits on a plot of roughly 0.241 of an acre, or 975m². The below map shows the location of 6 THE 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 THE 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 THE CLOSE?

6 THE CLOSE is located in IFOLD, in the RH14 postcode district. The below map shows the position of No. 6 on THE CLOSE.