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
CHESTNUT BARN is a small extended detached house of 130m², built sometime between 2003 and 2006. It was last sold for £805,000 in December 2015, which was around 47% above the average December 2015 detached price in the Chichester local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for CHESTNUT BARN since 1st 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. Two of the three CHESTNUT BARN sales were for above the average price, whilst one was 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 10 DEC | £805,000 | £545,938 | 47% above HPI |
2006 15 SEP | £645,000 | £406,757 | 59% above HPI |
2002 10 MAY | £127,500 | £269,903 | 53% below HPI |
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 May 2002 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 September 2006 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the December 2015 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.
CHESTNUT BARN is 130m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses in Loxwood, based on EPC data. The below chart shows the distribution of detached houses by size in Loxwood, and where CHESTNUT BARN lies on this distribution: 30% of detached houses are smaller than CHESTNUT BARN, and 70% of houses are larger. Note that EPC data is not available for all properties in Loxwood.
CHESTNUT BARN sits on a plot of roughly 0.171 of an acre, or 691m². 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.
CHESTNUT BARN, WILLETTS is located on HIGH STREET in LOXWOOD, in the RH14 postcode district. The below map shows the position of CHESTNUT BARN, WILLETTS on HIGH STREET.