FINCHES, FARM LANE, NUTBOURNE, CHICHESTER, PO18 8SB - £698,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FINCHES is a small detached house of 104m², built sometime between 1930 and 1949, which could now be worth an estimated £694,579. It was last sold for £698,000 in June 2023, which was around 3% below the average June 2023 detached price in the Chichester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

FINCHES Sold Prices

Land registry data shows two sales for FINCHES 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 FINCHES 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 30 JUN	£698,000	£720,310	3% below HPI
2001 3 MAY	£246,000	£252,209	2% below HPI

FINCHES 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 FINCHES sales from May 2001 and June 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 May 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might FINCHES be worth now?

FINCHES might now be worth an estimated £694,579.

This is based on house price deflation of 0.5%, between June 2023 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 0.5% deflationary decrease is applied to the most recent sale price for FINCHES of £698,000 on 30th June 2023. For the value to have decreased from £698,000 to £694,579 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of FINCHES has moved in line with the HPI for detached houses in the Chichester local authority area.
• The June 2023 sale price of £698,000 represented a fair market value for the property.
• The size, condition, and specification of FINCHES has not materially changed since June 2023.

How Large is FINCHES?

FINCHES is 104m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses houses in Nutbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nutbourne, and where FINCHES lies on this distribution: 31% of detached houses houses are smaller than FINCHES, and 69% of houses are larger. Note that EPC data is not available for all properties in Nutbourne.

FINCHES: Plot and Title Map

FINCHES sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of FINCHES, 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 FINCHES). 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 FINCHES?

FINCHES is located on FARM LANE in NUTBOURNE, in the PO18 postcode district. The below map shows the position of FINCHES on FARM LANE.