APRIL COTTAGE, CHESTNUT WALK, TANGMERE, CHICHESTER, PO20 2HH - £525,000

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.

APRIL COTTAGE is a very small extended detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £674,904. It was last sold for £525,000 in June 2016, which was around 6% below the average June 2016 detached price in the Chichester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

APRIL COTTAGE Sold Prices

Land registry data shows four sales for APRIL COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four APRIL COTTAGE 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 2 JUN	£525,000	£557,575	6% below HPI
2014 16 DEC	£500,000	£508,179	2% below HPI
2010 18 MAY	£365,000	£435,675	16% below HPI
2009 12 MAR	£280,000	£356,123	21% below HPI

APRIL COTTAGE 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 four APRIL COTTAGE sales between March 2009 and June 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 December 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might APRIL COTTAGE be worth now?

APRIL COTTAGE might now be worth an estimated £674,904.

This is based on house price inflation of 28.6%, between June 2016 and February 2025, 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 28.6% inflationary increase is applied to the most recent sale price for APRIL COTTAGE of £525,000 on 2nd June 2016. For the value to have increased from £525,000 to £674,904 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of APRIL COTTAGE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The June 2016 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of APRIL COTTAGE has not materially changed since June 2016.

How Large is APRIL COTTAGE?

APRIL COTTAGE is 88m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tangmere, and where APRIL COTTAGE lies on this distribution: 13% of detached houses houses are smaller than APRIL COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

APRIL COTTAGE: Plot and Title Map

APRIL COTTAGE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of APRIL COTTAGE, 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 APRIL COTTAGE). 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 APRIL COTTAGE?

APRIL COTTAGE is located on CHESTNUT WALK in TANGMERE, in the PO20 postcode district. The below map shows the position of APRIL COTTAGE on CHESTNUT WALK.