8, GROVE PARK, CHICHESTER, PO19 3HY - £290,000

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.

8 GROVE PARK is a very small extended terraced house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £307,982. It was last sold for £290,000 in November 2020, which was around 11% below the average November 2020 terraced price in the Chichester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

8 GROVE PARK Sold Prices

Land registry data shows two sales for 8 GROVE PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chichester local authority area for the corresponding sale date. Both of the two 8 GROVE PARK 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 20 NOV	£290,000	£325,561	11% below HPI
2017 28 MAR	£272,000	£294,750	8% below HPI

8 GROVE PARK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chichester local authority area over time, sourced from the HPI. The two 8 GROVE PARK sales from March 2017 and November 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 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 GROVE PARK be worth now?

8 GROVE PARK might now be worth an estimated £307,982.

This is based on house price inflation of 6.2%, between November 2020 and July 2025, for terraced 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 6.2% inflationary increase is applied to the most recent sale price for 8 GROVE PARK of £290,000 on 20th November 2020. For the value to have increased from £290,000 to £307,982 over the five years and four months to July 2025, the following assumptions must hold true:

• The value of 8 GROVE PARK has moved in line with the HPI for terraced houses in the Chichester local authority area.
• The November 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GROVE PARK has not materially changed since November 2020.

How Large is 8 GROVE PARK?

8 GROVE PARK is 79m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of terraced houses houses in Fishbourne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Fishbourne, and where 8 GROVE PARK lies on this distribution: 14% of terraced houses houses are smaller than 8 GROVE PARK, and 85% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

8 GROVE PARK: Plot and Title Map

8 GROVE PARK sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 8 GROVE PARK, 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 8 GROVE PARK). 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 8 GROVE PARK?

8 GROVE PARK is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 8 on GROVE PARK.