CHELWOOD, SPY LANE, LOXWOOD, BILLINGSHURST, RH14 0SS - £650,000

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

CHELWOOD is a midsized extended detached house of 159m², built sometime between 1976 and 1982. It was last sold for £650,000 in July 2012, which was around 49% above the average July 2012 detached price in the Chichester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

CHELWOOD Sold Prices

Land registry data shows two sales for CHELWOOD 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 CHELWOOD 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
2012 12 JUL	£650,000	£436,392	49% above HPI
1996 29 NOV	£210,000	£136,419	54% above HPI

CHELWOOD 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 CHELWOOD sales from November 1996 and July 2012 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 November 1996 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2012 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is CHELWOOD?

CHELWOOD is 159m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses in Loxwood, based on EPC data. The below chart shows the distribution of detached houses by size in Loxwood, and where CHELWOOD lies on this distribution: 58% of detached houses are smaller than CHELWOOD, and 42% of houses are larger. Note that EPC data is not available for all properties in Loxwood.

CHELWOOD: Plot and Title Map

CHELWOOD sits on a plot of roughly 0.295 of an acre, or 1,196m². The below map shows the location of CHELWOOD, 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 CHELWOOD). 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 CHELWOOD?

CHELWOOD is located on SPY LANE in LOXWOOD, in the RH14 postcode district. The below map shows the position of CHELWOOD on SPY LANE.