CEDAR CROFT, HOGWOOD ROAD, IFOLD, BILLINGSHURST, RH14 0UG - £950,000

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

CEDAR CROFT is a very large extended detached house of 314m², built sometime between 1967 and 1975. It was last sold for £950,000 in August 2023, which was around 34% above the average August 2023 detached price in the Chichester local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was D.

CEDAR CROFT Sold Prices

Land registry data shows two sales for CEDAR CROFT 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 CEDAR CROFT 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
2023 11 AUG	£950,000	£707,467	34% above HPI
2020 21 JUL	£950,000	£599,046	59% above HPI

CEDAR CROFT 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 CEDAR CROFT sales from July 2020 and August 2023 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 July 2020 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the August 2023 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is CEDAR CROFT?

CEDAR CROFT is 314m², which includes three extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 10% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where CEDAR CROFT lies on this distribution: 98% of detached houses are smaller than CEDAR CROFT, and 2% of houses are larger. Note that EPC data is not available for all properties in Ifold.

CEDAR CROFT: Plot and Title Map

CEDAR CROFT sits on a plot of roughly 1.7 acres, or 6,858m². The below map shows the location of CEDAR CROFT, 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 CEDAR CROFT). 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 CEDAR CROFT?

CEDAR CROFT is located on HOGWOOD ROAD in IFOLD, in the RH14 postcode district. The below map shows the position of CEDAR CROFT on HOGWOOD ROAD.