COBWEBS, THE RIDE, IFOLD, BILLINGSHURST, RH14 0TH - £850,000

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

COBWEBS is a large extended detached house of 222m², built sometime between 1983 and 1990, which could now be worth an estimated £841,005. It was last sold for £850,000 in November 2024, which was around 19% above the average November 2024 detached price in the Chichester local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

COBWEBS Sold Prices

Land registry data shows three sales for COBWEBS 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 COBWEBS 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
2024 15 NOV	£850,000	£715,513	19% above HPI
2015 11 SEP	£675,000	£543,184	24% above HPI
1996 29 NOV	£180,000	£139,404	29% above HPI

COBWEBS 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 COBWEBS sales between November 1996 and November 2024 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 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2024 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might COBWEBS be worth now?

COBWEBS might now be worth an estimated £841,005.

This is based on house price deflation of 1.1%, between November 2024 and December 2024, 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 1.1% deflationary decrease is applied to the most recent sale price for COBWEBS of £850,000 on 15th November 2024. For the value to have decreased from £850,000 to £841,005 over the eleven months to December 2024, the following assumptions must hold true:

• The value of COBWEBS has moved in line with the HPI for detached houses in the Chichester local authority area.
• The November 2024 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of COBWEBS has not materially changed since November 2024.

How Large is COBWEBS?

COBWEBS is 222m², which includes one extension, according to the EPC inspection conducted in December 2014. 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 COBWEBS lies on this distribution: 70% of detached houses houses are smaller than COBWEBS, and 30% of houses are larger. Note that EPC data is not available for all properties in Ifold.

COBWEBS: Plot and Title Map

COBWEBS sits on a plot of roughly 0.325 of an acre, or 1,314m². The below map shows the location of COBWEBS, 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 COBWEBS). 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 COBWEBS?

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