GREENWAYS, DRIFT LANE, BOSHAM, CHICHESTER, PO18 8PP - £450,000

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

GREENWAYS is a very small extended detached house of 64m², built sometime between 1950 and 1966. It was last sold for £450,000 in September 2022, which was around 38% below the average September 2022 detached price in the Chichester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

GREENWAYS Sold Prices

Land registry data shows three sales for GREENWAYS 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 GREENWAYS 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
2022 29 SEP	£450,000	£723,263	38% below HPI
2019 7 JUN	£375,000	£588,835	36% below HPI
1995 4 AUG	£92,000	£126,017	27% below HPI

GREENWAYS 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 GREENWAYS sales between August 1995 and September 2022 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 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is GREENWAYS?

GREENWAYS is 64m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Nutbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Nutbourne, and where GREENWAYS lies on this distribution: 1% of detached houses are smaller than GREENWAYS, and 99% of houses are larger. Note that EPC data is not available for all properties in Nutbourne.

GREENWAYS: Plot and Title Map

GREENWAYS sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of GREENWAYS, 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 GREENWAYS). 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 GREENWAYS?

GREENWAYS is located on DRIFT LANE in BOSHAM, in the PO18 postcode district. The below map shows the position of GREENWAYS on DRIFT LANE.