CARMEL, SOUTHOVER WAY, HUNSTON, CHICHESTER, PO20 1NY - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CARMEL is a large extended detached house of 166m², built sometime between 1950 and 1966. It was last sold for £400,000 in December 2015, which was around 27% below the average December 2015 detached price in the Chichester local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

CARMEL Sold Prices

Land registry data shows three sales for CARMEL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three CARMEL 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
2015 11 DEC	£400,000	£545,938	27% below HPI
2011 21 DEC	£278,000	£435,020	36% below HPI
1997 1 AUG	£69,950	£156,616	55% below HPI

CARMEL 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 three CARMEL sales between August 1997 and December 2015 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 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is CARMEL?

CARMEL is 166m², which includes three extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses in Hunston, based on EPC data. The below chart shows the distribution of detached houses by size in Hunston, and where CARMEL lies on this distribution: 74% of detached houses are smaller than CARMEL, and 26% of houses are larger. Note that EPC data is not available for all properties in Hunston.

CARMEL: Plot and Title Map

CARMEL sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of CARMEL, 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 CARMEL). 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 CARMEL?

CARMEL is located on SOUTHOVER WAY in HUNSTON, in the PO20 postcode district. The below map shows the position of CARMEL on SOUTHOVER WAY.