FIR TREE, CHURCH LANE, EASTERGATE, CHICHESTER, PO20 3UX - £397,000

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

FIR TREE is a midsized detached house of 105m², built sometime between 1976 and 1982. It was last sold for £397,000 in September 2019, which was around 13% below the average September 2019 detached price in the Arun local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

FIR TREE Sold Prices

Land registry data shows two sales for FIR TREE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two FIR TREE sales was for below the average price, whilst the other was for above 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 27 SEP	£397,000	£456,001	13% below HPI
1997 20 JUN	£134,950	£106,826	26% above HPI

FIR TREE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two FIR TREE sales from June 1997 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 June 1997 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is FIR TREE?

FIR TREE is 105m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Eastergate, based on EPC data. The below chart shows the distribution of detached houses by size in Eastergate, and where FIR TREE lies on this distribution: 43% of detached houses are smaller than FIR TREE, and 57% of houses are larger. Note that EPC data is not available for all properties in Eastergate.

FIR TREE: Plot and Title Map

FIR TREE sits on a plot of roughly 0.198 of an acre, or 800m². The below map shows the location of FIR TREE, 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 FIR TREE). 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 FIR TREE?

FIR TREE is located on CHURCH LANE in EASTERGATE, in the PO20 postcode district. The below map shows the position of FIR TREE on CHURCH LANE.