CHESTNUT BARN, COMMON ROAD, FUNTINGTON, CHICHESTER, PO18 9AE - £1,200,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHESTNUT BARN is a very large detached house of 255m², which could now be worth an estimated £1,409,937. It was last sold for £1,200,000 in July 2019, which was around 97% above the average July 2019 detached price in the Chichester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

CHESTNUT BARN Sold Prices

Land registry data shows three sales for CHESTNUT BARN 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 CHESTNUT BARN 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
2019 2 JUL	£1,200,000	£610,053	97% above HPI
2018 8 AUG	£1,825,000	£615,568	196% above HPI
2017 28 SEP	£1,825,000	£602,953	203% above HPI

CHESTNUT BARN 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 CHESTNUT BARN sales between September 2017 and July 2019 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 2018 sale was for 196% above the HPI. So the extrapolation line tracks at 196% above the HPI over time, until the July 2019 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

What might CHESTNUT BARN be worth now?

CHESTNUT BARN might now be worth an estimated £1,409,937.

This is based on house price inflation of 17.5%, between July 2019 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.5% inflationary increase is applied to the most recent sale price for CHESTNUT BARN of £1,200,000 on 2nd July 2019. For the value to have increased from £1,200,000 to £1,409,937 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of CHESTNUT BARN has moved in line with the HPI for detached houses in the Chichester local authority area.
• The July 2019 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of CHESTNUT BARN has not materially changed since July 2019.

How Large is CHESTNUT BARN?

CHESTNUT BARN is 255m² according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses houses in Funtington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Funtington, and where CHESTNUT BARN lies on this distribution: 83% of detached houses houses are smaller than CHESTNUT BARN, and 17% of houses are larger. Note that EPC data is not available for all properties in Funtington.

CHESTNUT BARN: Plot and Title Map

CHESTNUT BARN sits on a plot of roughly 0.240 of an acre, or 972m². The below map shows the location of CHESTNUT BARN, 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 CHESTNUT BARN). 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 CHESTNUT BARN?

CHESTNUT BARN is located on COMMON ROAD in FUNTINGTON, in the PO18 postcode district. The below map shows the position of CHESTNUT BARN on COMMON ROAD.