GREENWAVES, EAST BRACKLESHAM DRIVE, BRACKLESHAM BAY, CHICHESTER, PO20 8JW - £745,000

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.

GREENWAVES is a midsized detached house of 112m², built sometime between 1991 and 1995, which could now be worth an estimated £883,890. It was last sold for £745,000 in May 2019, which was around 25% above the average May 2019 detached price in the Chichester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

GREENWAVES Sold Prices

Land registry data shows four sales for GREENWAVES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four GREENWAVES 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
2019 10 MAY	£745,000	£597,970	25% above HPI
2018 23 MAR	£690,000	£611,641	13% above HPI
2011 9 FEB	£475,000	£441,973	7% above HPI
2007 25 MAY	£440,000	£428,455	3% above HPI

GREENWAVES 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 four GREENWAVES sales between May 2007 and May 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 March 2018 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2019 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might GREENWAVES be worth now?

GREENWAVES might now be worth an estimated £883,890.

This is based on house price inflation of 18.6%, between May 2019 and March 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 18.6% inflationary increase is applied to the most recent sale price for GREENWAVES of £745,000 on 10th May 2019. For the value to have increased from £745,000 to £883,890 over the six years and two months to March 2025, the following assumptions must hold true:

• The value of GREENWAVES has moved in line with the HPI for detached houses in the Chichester local authority area.
• The May 2019 sale price of £745,000 represented a fair market value for the property.
• The size, condition, and specification of GREENWAVES has not materially changed since May 2019.

How Large is GREENWAVES?

GREENWAVES is 112m² according to the EPC inspection conducted in February 2019. This puts it in the largest 50% 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 GREENWAVES lies on this distribution: 56% of detached houses houses are smaller than GREENWAVES, and 44% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

GREENWAVES: Plot and Title Map

GREENWAVES sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of GREENWAVES, 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 GREENWAVES). 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 GREENWAVES?

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