BYRON COTTAGE, PRIORS LEAZE LANE, HAMBROOK, CHICHESTER, PO18 8RQ - £345,000

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

BYRON COTTAGE is a small detached house of 106m², built sometime between 2003 and 2006. It was last sold for £345,000 in November 2014, which was around 31% below the average November 2014 detached price in the Chichester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

BYRON COTTAGE Sold Prices

Land registry data shows four sales for BYRON 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 BYRON 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
2014 7 NOV	£345,000	£499,824	31% below HPI
2005 31 AUG	£277,000	£371,223	25% below HPI
2003 19 SEP	£125,575	£352,264	64% below HPI
2003 18 SEP	£60,000	£352,264	83% below HPI

BYRON 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 BYRON COTTAGE sales between September 2003 and November 2014 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 August 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is BYRON COTTAGE?

BYRON COTTAGE is 106m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses by size in Hambrook, and where BYRON COTTAGE lies on this distribution: 24% of detached houses are smaller than BYRON COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Hambrook.

BYRON COTTAGE: Plot and Title Map

BYRON COTTAGE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of BYRON 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 BYRON 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 BYRON COTTAGE?

BYRON COTTAGE is located on PRIORS LEAZE LANE in HAMBROOK, in the PO18 postcode district. The below map shows the position of BYRON COTTAGE on PRIORS LEAZE LANE.