ASPERN, MILL LANE, RUNCTON, CHICHESTER, PO20 1PP - £374,000

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

ASPERN is a very small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £374,000 in February 2020, which was around 37% below the average February 2020 detached price in the Chichester local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

ASPERN Sold Prices

Land registry data shows four sales for ASPERN 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 ASPERN 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
2020 21 FEB	£374,000	£589,337	37% below HPI
2002 22 MAR	£149,950	£262,407	43% below HPI
1999 16 SEP	£126,000	£196,558	36% below HPI
1996 8 JAN	£88,000	£128,569	32% below HPI

ASPERN 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 ASPERN sales between January 1996 and February 2020 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 2002 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2020 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is ASPERN?

ASPERN is 93m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses in Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in Runcton, and where ASPERN lies on this distribution: 16% of detached houses are smaller than ASPERN, and 84% of houses are larger. Note that EPC data is not available for all properties in Runcton.

ASPERN: Plot and Title Map

ASPERN sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of ASPERN, 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 ASPERN). 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 ASPERN?

ASPERN is located on MILL LANE in RUNCTON, in the PO20 postcode district. The below map shows the position of ASPERN on MILL LANE.