FAIRHOLME, EAST BRACKLESHAM DRIVE, BRACKLESHAM BAY, CHICHESTER, PO20 8JH - £249,950

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

FAIRHOLME is a very large detached house of 179m², built sometime between 1950 and 1966, which could now be worth an estimated £389,482. It was last sold for £249,950 in January 2014, which was around 46% below the average January 2014 detached price in the Chichester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

FAIRHOLME Sold Prices

Land registry data shows two sales for FAIRHOLME 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 FAIRHOLME 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
2014 31 JAN	£249,950	£459,994	46% below HPI
2000 30 JUN	£110,000	£228,455	52% below HPI

FAIRHOLME 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 FAIRHOLME sales from June 2000 and January 2014 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 June 2000 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the January 2014 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might FAIRHOLME be worth now?

FAIRHOLME might now be worth an estimated £389,482.

This is based on house price inflation of 55.8%, between January 2014 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 55.8% inflationary increase is applied to the most recent sale price for FAIRHOLME of £249,950 on 31st January 2014. For the value to have increased from £249,950 to £389,482 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of FAIRHOLME has moved in line with the HPI for detached houses in the Chichester local authority area.
• The January 2014 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of FAIRHOLME has not materially changed since January 2014.

How Large is FAIRHOLME?

FAIRHOLME is 179m² according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Wittering, and where FAIRHOLME lies on this distribution: 89% of detached houses houses are smaller than FAIRHOLME, and 11% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

FAIRHOLME: Plot and Title Map

FAIRHOLME sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of FAIRHOLME, 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 FAIRHOLME). 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 FAIRHOLME?

FAIRHOLME is located on EAST BRACKLESHAM DRIVE in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of FAIRHOLME on EAST BRACKLESHAM DRIVE.