CEDAR NOOK, THE RIDE, IFOLD, BILLINGSHURST, RH14 0TG - £138,000

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 NOOK is a small extended detached house of 161m², built sometime between 1930 and 1949. It was last sold for £138,000 in June 1998, which was around 18% below the average June 1998 detached price in the Chichester local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was D.

CEDAR NOOK Sold Prices

Land registry data shows two sales for CEDAR NOOK 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 NOOK 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
1998 12 JUN	£138,000	£168,277	18% below HPI
1998 20 FEB	£98,750	£159,687	38% below HPI

CEDAR NOOK 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 NOOK sales from February 1998 and June 1998 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 February 1998 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 1998 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is CEDAR NOOK?

CEDAR NOOK is 161m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% 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 NOOK lies on this distribution: 36% of detached houses are smaller than CEDAR NOOK, and 64% of houses are larger. Note that EPC data is not available for all properties in Ifold.

CEDAR NOOK: Plot and Title Map

CEDAR NOOK sits on a plot of roughly 0.363 of an acre, or 1,468m². The below map shows the location of CEDAR NOOK, 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 NOOK). 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 NOOK?

CEDAR NOOK is located on THE RIDE in IFOLD, in the RH14 postcode district. The below map shows the position of CEDAR NOOK on THE RIDE.