CHESTNUT HOUSE, THE DRIVE, IFOLD, BILLINGSHURST, RH14 0TD - £560,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CHESTNUT HOUSE is a large extended detached house of 233m², built sometime between 1996 and 2002, which could now be worth an estimated £1,099,079. It was last sold for £560,000 in December 2005, which was around 53% above the average December 2005 detached price in the Chichester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

CHESTNUT HOUSE Sold Prices

Land registry data shows two sales for CHESTNUT HOUSE 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 CHESTNUT HOUSE 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
2005 20 DEC	£560,000	£365,212	53% above HPI
2001 16 JUL	£435,000	£257,702	69% above HPI

CHESTNUT HOUSE 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 CHESTNUT HOUSE sales from July 2001 and December 2005 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 2001 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the December 2005 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might CHESTNUT HOUSE be worth now?

CHESTNUT HOUSE might now be worth an estimated £1,099,079.

This is based on house price inflation of 96.3%, between December 2005 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 96.3% inflationary increase is applied to the most recent sale price for CHESTNUT HOUSE of £560,000 on 20th December 2005. For the value to have increased from £560,000 to £1,099,079 over the twenty years and ten months to February 2025, the following assumptions must hold true:

• The value of CHESTNUT HOUSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The December 2005 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of CHESTNUT HOUSE has not materially changed since December 2005.

How Large is CHESTNUT HOUSE?

CHESTNUT HOUSE is 233m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ifold, and where CHESTNUT HOUSE lies on this distribution: 76% of detached houses houses are smaller than CHESTNUT HOUSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Ifold.

CHESTNUT HOUSE: Plot and Title Map

CHESTNUT HOUSE sits on a plot of roughly 0.297 of an acre, or 1,200m². The below map shows the location of CHESTNUT HOUSE, 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 HOUSE). 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 HOUSE?

CHESTNUT HOUSE is located on THE DRIVE in IFOLD, in the RH14 postcode district. The below map shows the position of CHESTNUT HOUSE on THE DRIVE.