GAINSBOROUGH PLACE, THE RIDE, IFOLD, BILLINGSHURST, RH14 0TF - £950,000

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

GAINSBOROUGH PLACE is a midsized extended detached house of 196m², built sometime between 1991 and 1995. It was last sold for £950,000 in September 2021, which was around 50% above the average September 2021 detached price in the Chichester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was F, and the potential energy rating was D.

GAINSBOROUGH PLACE Sold Prices

Land registry data shows three sales for GAINSBOROUGH PLACE 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 GAINSBOROUGH PLACE 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
2021 24 SEP	£950,000	£632,200	50% above HPI
2013 14 OCT	£650,000	£465,638	40% above HPI
1997 18 AUG	£249,500	£156,616	59% above HPI

GAINSBOROUGH PLACE 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 GAINSBOROUGH PLACE sales between August 1997 and September 2021 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 October 2013 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the September 2021 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is GAINSBOROUGH PLACE?

GAINSBOROUGH PLACE is 196m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where GAINSBOROUGH PLACE lies on this distribution: 57% of detached houses are smaller than GAINSBOROUGH PLACE, and 42% of houses are larger. Note that EPC data is not available for all properties in Ifold.

GAINSBOROUGH PLACE: Plot and Title Map

GAINSBOROUGH PLACE sits on a plot of roughly 0.283 of an acre, or 1,145m². The below map shows the location of GAINSBOROUGH PLACE, 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 GAINSBOROUGH PLACE). 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 GAINSBOROUGH PLACE?

GAINSBOROUGH PLACE is located on THE RIDE in IFOLD, in the RH14 postcode district. The below map shows the position of GAINSBOROUGH PLACE on THE RIDE.