CORONATION COTTAGE, PRIORS LEAZE LANE, HAMBROOK, CHICHESTER, PO18 8RQ - £480,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CORONATION COTTAGE is a large extended detached house of 152m², built sometime between 1900 and 1929. It was last sold for £480,000 in November 2023, which was around 33% below the average November 2023 detached price in the Chichester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

CORONATION COTTAGE Sold Prices

Land registry data shows two sales for CORONATION COTTAGE 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 CORONATION COTTAGE sales were 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
2023 1 NOV	£480,000	£715,351	33% below HPI
2003 19 DEC	£309,000	£342,816	10% below HPI

CORONATION COTTAGE 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 CORONATION COTTAGE sales from December 2003 and November 2023 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 December 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is CORONATION COTTAGE?

CORONATION COTTAGE is 152m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses by size in Hambrook, and where CORONATION COTTAGE lies on this distribution: 63% of detached houses are smaller than CORONATION COTTAGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Hambrook.

CORONATION COTTAGE: Plot and Title Map

CORONATION COTTAGE sits on a plot of roughly 0.484 of an acre, or 1,957m². The below map shows the location of CORONATION COTTAGE, 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 CORONATION COTTAGE). 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 CORONATION COTTAGE?

CORONATION COTTAGE is located on PRIORS LEAZE LANE in HAMBROOK, in the PO18 postcode district. The below map shows the position of CORONATION COTTAGE on PRIORS LEAZE LANE.