CYGNET COTTAGE, MILL LANE, RUNCTON, CHICHESTER, PO20 1PP - £245,000

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

CYGNET COTTAGE is a very small extended detached house of 44m², built sometime before 1900. It was last sold for £245,000 in September 2019, which was around 59% below the average September 2019 detached price in the Chichester local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

CYGNET COTTAGE Sold Prices

Land registry data shows four sales for CYGNET COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four CYGNET 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
2019 23 SEP	£245,000	£598,523	59% below HPI
2016 12 DEC	£227,500	£550,664	59% below HPI
2011 16 DEC	£147,000	£435,020	66% below HPI
1998 27 FEB	£71,000	£159,687	56% below HPI

CYGNET 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 four CYGNET COTTAGE sales between February 1998 and September 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 December 2016 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the September 2019 sale, which was also at 59% below the HPI.

How Large is CYGNET COTTAGE?

CYGNET COTTAGE is 44m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses in Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in Runcton, and where CYGNET COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than CYGNET COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Runcton.

CYGNET COTTAGE: Plot and Title Map

CYGNET COTTAGE sits on a plot of roughly 0.019 of an acre, or 76m². The below map shows the location of CYGNET 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 CYGNET 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 CYGNET COTTAGE?

CYGNET COTTAGE is located on MILL LANE in RUNCTON, in the PO20 postcode district. The below map shows the position of CYGNET COTTAGE on MILL LANE.