9, SOUTH BANK, CHICHESTER, PO19 8DX - £329,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 SOUTH BANK is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £425,807. It was last sold for £329,950 in March 2016, which was around 40% below the average March 2016 detached price in the Chichester local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

9 SOUTH BANK Sold Prices

Land registry data shows three sales for 9 SOUTH BANK 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 9 SOUTH BANK 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
2016 29 MAR	£329,950	£548,571	40% below HPI
2006 14 JUN	£245,000	£398,813	39% below HPI
2005 7 JAN	£194,000	£381,422	49% below HPI

9 SOUTH BANK 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 9 SOUTH BANK sales between January 2005 and March 2016 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 June 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 9 SOUTH BANK be worth now?

9 SOUTH BANK might now be worth an estimated £425,807.

This is based on house price inflation of 29.1%, between March 2016 and December 2024, for detached 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 29.1% inflationary increase is applied to the most recent sale price for 9 SOUTH BANK of £329,950 on 29th March 2016. For the value to have increased from £329,950 to £425,807 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 9 SOUTH BANK has moved in line with the HPI for detached houses in the Chichester local authority area.
• The March 2016 sale price of £329,950 represented a fair market value for the property.
• The size, condition, and specification of 9 SOUTH BANK has not materially changed since March 2016.

How Large is 9 SOUTH BANK?

9 SOUTH BANK is 77m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chichester, and where 9 SOUTH BANK lies on this distribution: 7% of detached houses houses are smaller than 9 SOUTH BANK, and 92% of houses are larger. Note that EPC data is not available for all properties in Chichester.

9 SOUTH BANK: Plot and Title Map

9 SOUTH BANK sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 9 SOUTH BANK, 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 9 SOUTH BANK). 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 9 SOUTH BANK?

9 SOUTH BANK is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 9 on SOUTH BANK.