8, THE AVENUE, CHICHESTER, PO19 5PZ - £1,290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 THE AVENUE is a very large extended detached house of 198m², built sometime between 1950 and 1966. It was last sold for £1,290,000 in January 2024, which was around 83% above the average January 2024 detached price in the Chichester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

8 THE AVENUE Sold Prices

Land registry data shows three sales for 8 THE AVENUE 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 8 THE AVENUE 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
2024 19 JAN	£1,290,000	£705,935	83% above HPI
2012 9 MAR	£690,000	£421,351	64% above HPI
1998 6 AUG	£216,500	£174,295	24% above HPI

8 THE AVENUE 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 8 THE AVENUE sales between August 1998 and January 2024 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 2012 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the January 2024 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 8 THE AVENUE?

8 THE AVENUE is 198m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where 8 THE AVENUE lies on this distribution: 91% of detached houses are smaller than 8 THE AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Chichester.

8 THE AVENUE: Plot and Title Map

8 THE AVENUE sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of 8 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

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