HIGH TREES, CHESTNUT AVENUE, CHICHESTER, PO19 5QE - £1,200,000

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

HIGH TREES is a very large detached house of 172m². It was last sold for £1,200,000 in March 2022, which was around 75% above the average March 2022 detached price in the Chichester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

HIGH TREES Sold Prices

Land registry data shows two sales for HIGH TREES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. One of the two HIGH TREES sales was for above the average price, whilst the other was 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 31 MAR	£1,200,000	£687,438	75% above HPI
2014 4 FEB	£231,000	£457,600	50% below HPI

HIGH TREES 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 two HIGH TREES sales from February 2014 and March 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 February 2014 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2022 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is HIGH TREES?

HIGH TREES is 172m² according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where HIGH TREES lies on this distribution: 84% of detached houses are smaller than HIGH TREES, and 16% of houses are larger. Note that EPC data is not available for all properties in Chichester.

HIGH TREES: Plot and Title Map

HIGH TREES sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of HIGH TREES, 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 HIGH TREES). 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 HIGH TREES?

HIGH TREES is located on CHESTNUT AVENUE in CHICHESTER, in the PO19 postcode district. The below map shows the position of HIGH TREES on CHESTNUT AVENUE.