BANFF, HOOK LANE, ALDINGBOURNE, CHICHESTER, PO20 3TE - £770,000

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

BANFF is a very large extended detached house of 169m², built sometime between 1900 and 1929. It was last sold for £770,000 in August 2022, which was around 40% above the average August 2022 detached price in the Arun local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

BANFF Sold Prices

Land registry data shows three sales for BANFF since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three BANFF 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
2022 30 AUG	£770,000	£550,948	40% above HPI
2015 13 NOV	£510,000	£399,348	28% above HPI
1998 28 AUG	£130,000	£127,949	2% above HPI

BANFF 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 three BANFF sales between August 1998 and August 2022 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 November 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2022 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is BANFF?

BANFF is 169m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses by size in Westergate, and where BANFF lies on this distribution: 92% of detached houses are smaller than BANFF, and 8% of houses are larger. Note that EPC data is not available for all properties in Westergate.

BANFF: Plot and Title Map

BANFF sits on a plot of roughly 0.330 of an acre, or 1,336m². The below map shows the location of BANFF, 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 BANFF). 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 BANFF?

BANFF is located on HOOK LANE in ALDINGBOURNE, in the PO20 postcode district. The below map shows the position of BANFF on HOOK LANE.