HOMESEA, EAST BRACKLESHAM DRIVE, BRACKLESHAM BAY, CHICHESTER, PO20 8JW - £860,000

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.

HOMESEA is a large detached house of 125m², built sometime between 1983 and 1990, which could now be worth an estimated £919,080. It was last sold for £860,000 in October 2021, which was around 28% above the average October 2021 detached price in the Chichester local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

HOMESEA Sold Prices

Land registry data shows three sales for HOMESEA 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. Two of the three HOMESEA sales were for above the average price, whilst one 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
2021 22 OCT	£860,000	£670,704	28% above HPI
2020 29 SEP	£717,000	£650,513	10% above HPI
1995 9 FEB	£97,500	£132,714	27% below HPI

HOMESEA 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 HOMESEA sales between February 1995 and October 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 September 2020 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might HOMESEA be worth now?

HOMESEA might now be worth an estimated £919,080.

This is based on house price inflation of 6.9%, between October 2021 and February 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 6.9% inflationary increase is applied to the most recent sale price for HOMESEA of £860,000 on 22nd October 2021. For the value to have increased from £860,000 to £919,080 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of HOMESEA has moved in line with the HPI for detached houses in the Chichester local authority area.
• The October 2021 sale price of £860,000 represented a fair market value for the property.
• The size, condition, and specification of HOMESEA has not materially changed since October 2021.

How Large is HOMESEA?

HOMESEA is 125m² according to the EPC inspection conducted in September 2019. This puts it in the largest 40% 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 HOMESEA lies on this distribution: 66% of detached houses houses are smaller than HOMESEA, and 34% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

HOMESEA: Plot and Title Map

HOMESEA sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of HOMESEA, 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 HOMESEA). 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 HOMESEA?

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