8, THE CHASE, FONTWELL, ARUNDEL, BN18 0GR - £370,000

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 THE CHASE is a small detached house of 112m², built sometime from 2007 onwards, which could now be worth an estimated £441,802. It was last sold for £370,000 in August 2018, which was around 23% below the average August 2018 detached price in the Arun local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

8 THE CHASE Sold Prices

Land registry data shows two sales for 8 THE CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two 8 THE CHASE sales was for below the average price, whilst the other was 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 24 AUG	£370,000	£481,304	23% below HPI
2007 28 SEP	£365,000	£351,986	4% above HPI

8 THE CHASE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 8 THE CHASE sales from September 2007 and August 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 September 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 THE CHASE be worth now?

8 THE CHASE might now be worth an estimated £441,802.

This is based on house price inflation of 19.4%, between August 2018 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for 8 THE CHASE of £370,000 on 24th August 2018. For the value to have increased from £370,000 to £441,802 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 8 THE CHASE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2018 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE CHASE has not materially changed since August 2018.

How Large is 8 THE CHASE?

8 THE CHASE is 112m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of detached houses houses in Fontwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fontwell, and where 8 THE CHASE lies on this distribution: 21% of detached houses houses are smaller than 8 THE CHASE, and 78% of houses are larger. Note that EPC data is not available for all properties in Fontwell.

8 THE CHASE: Plot and Title Map

8 THE CHASE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 8 THE CHASE, 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 CHASE). 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 CHASE?

8 THE CHASE is located in FONTWELL, in the BN18 postcode district. The below map shows the position of No. 8 on THE CHASE.