DENE COTTAGE, BROAD ROAD, HAMBROOK, CHICHESTER, PO18 8RG - £420,000

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

DENE COTTAGE is a small extended detached house of 108m², built sometime between 1900 and 1929. It was last sold for £420,000 in August 2016, which was around 27% below the average August 2016 detached price in the Chichester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

DENE COTTAGE Sold Prices

Land registry data shows three sales for DENE COTTAGE 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 DENE 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
2016 1 AUG	£420,000	£573,899	27% below HPI
2004 15 MAR	£230,000	£368,754	38% below HPI
2001 18 JAN	£146,000	£230,106	37% below HPI

DENE 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 three DENE COTTAGE sales between January 2001 and August 2016 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 March 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2016 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is DENE COTTAGE?

DENE COTTAGE is 108m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses by size in Hambrook, and where DENE COTTAGE lies on this distribution: 24% of detached houses are smaller than DENE COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Hambrook.

DENE COTTAGE: Plot and Title Map

DENE COTTAGE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of DENE 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 DENE 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 DENE COTTAGE?

DENE COTTAGE is located on BROAD ROAD in HAMBROOK, in the PO18 postcode district. The below map shows the position of DENE COTTAGE on BROAD ROAD.