8, MERE CLOSE, BRACKLESHAM BAY, CHICHESTER, PO20 8AG - £265,000

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

8 MERE CLOSE is a midsized extended detached house of 109m², built sometime between 2003 and 2006. It was last sold for £265,000 in March 2012, which was around 37% below the average March 2012 detached price in the Chichester local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

8 MERE CLOSE Sold Prices

Land registry data shows two sales for 8 MERE 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 8 MERE 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
2012 12 MAR	£265,000	£421,351	37% below HPI
2003 31 OCT	£199,500	£345,496	42% below HPI

8 MERE 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 8 MERE CLOSE sales from October 2003 and March 2012 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 October 2003 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2012 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 8 MERE CLOSE?

8 MERE CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the largest 50% of detached houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses by size in East Wittering, and where 8 MERE CLOSE lies on this distribution: 52% of detached houses are smaller than 8 MERE CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

8 MERE CLOSE: Plot and Title Map

8 MERE CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 8 MERE 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 8 MERE 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 8 MERE CLOSE?

8 MERE CLOSE is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 8 on MERE CLOSE.