FOLLY HOUSE, FONTWELL AVENUE, EASTERGATE, CHICHESTER, PO20 3RU - £725,000

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.

FOLLY HOUSE is a very large extended detached house of 241m², built sometime between 1900 and 1929, which could now be worth an estimated £894,813. It was last sold for £725,000 in November 2017, which was around 56% above the average November 2017 detached price in the Arun local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

FOLLY HOUSE Sold Prices

Land registry data shows two sales for FOLLY HOUSE 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. Both of the two FOLLY HOUSE sales were 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
2017 3 NOV	£725,000	£465,641	56% above HPI
1997 15 MAY	£248,000	£110,068	125% above HPI

FOLLY HOUSE 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 FOLLY HOUSE sales from May 1997 and November 2017 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 1997 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the November 2017 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might FOLLY HOUSE be worth now?

FOLLY HOUSE might now be worth an estimated £894,813.

This is based on house price inflation of 23.4%, between November 2017 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for FOLLY HOUSE of £725,000 on 3rd November 2017. For the value to have increased from £725,000 to £894,813 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of FOLLY HOUSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2017 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of FOLLY HOUSE has not materially changed since November 2017.

How Large is FOLLY HOUSE?

FOLLY HOUSE is 241m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses houses in Eastergate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastergate, and where FOLLY HOUSE lies on this distribution: 98% of detached houses houses are smaller than FOLLY HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Eastergate.

FOLLY HOUSE: Plot and Title Map

FOLLY HOUSE sits on a plot of roughly 0.298 of an acre, or 1,204m². The below map shows the location of FOLLY HOUSE, 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 FOLLY HOUSE). 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 FOLLY HOUSE?

FOLLY HOUSE is located on FONTWELL AVENUE in EASTERGATE, in the PO20 postcode district. The below map shows the position of FOLLY HOUSE on FONTWELL AVENUE.