BY THE WAY, LAKE ROAD, CHICHESTER, PO19 7TD - £280,000

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

BY THE WAY is a midsized detached house of 112m², built sometime between 1967 and 1975. It was last sold for £280,000 in November 2010, which was around 37% below the average November 2010 detached price in the Chichester local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

BY THE WAY Sold Prices

Land registry data shows two sales for BY THE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two BY THE WAY 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
2010 26 NOV	£280,000	£443,598	37% below HPI
2005 18 OCT	£275,000	£385,933	29% below HPI

BY THE WAY 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 two BY THE WAY sales from October 2005 and November 2010 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 October 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2010 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is BY THE WAY?

BY THE WAY is 112m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where BY THE WAY lies on this distribution: 42% of detached houses are smaller than BY THE WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Chichester.

BY THE WAY: Plot and Title Map

BY THE WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of BY THE WAY, 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 BY THE WAY). 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 BY THE WAY?

BY THE WAY is located on LAKE ROAD in CHICHESTER, in the PO19 postcode district. The below map shows the position of BY THE WAY on LAKE ROAD.