IRON LATCH COTTAGE, BACK LANE, PLAISTOW, BILLINGSHURST, RH14 0QA - £480,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

IRON LATCH COTTAGE is a small extended detached house of 97m², built sometime before 1900, which could now be worth an estimated £454,084. It was last sold for £480,000 in October 2024, which was around 36% below the average October 2024 detached price in the Chichester local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was B.

IRON LATCH COTTAGE Sold Prices

Land registry data shows five sales for IRON LATCH COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the five IRON LATCH COTTAGE 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
2024 1 OCT	£480,000	£748,345	36% below HPI
2018 4 SEP	£485,000	£635,344	24% below HPI
2015 22 JUL	£355,000	£536,630	34% below HPI
2010 6 DEC	£390,000	£440,519	11% below HPI
2005 7 DEC	£250,000	£365,212	32% below HPI

IRON LATCH COTTAGE 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 five IRON LATCH COTTAGE sales between December 2005 and October 2024 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 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might IRON LATCH COTTAGE be worth now?

IRON LATCH COTTAGE might now be worth an estimated £454,084.

This is based on house price deflation of 5.4%, between October 2024 and December 2024, 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 5.4% deflationary decrease is applied to the most recent sale price for IRON LATCH COTTAGE of £480,000 on 1st October 2024. For the value to have decreased from £480,000 to £454,084 over the ten months to December 2024, the following assumptions must hold true:

• The value of IRON LATCH COTTAGE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The October 2024 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of IRON LATCH COTTAGE has not materially changed since October 2024.

How Large is IRON LATCH COTTAGE?

IRON LATCH COTTAGE is 97m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses houses in Plaistow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plaistow, and where IRON LATCH COTTAGE lies on this distribution: 25% of detached houses houses are smaller than IRON LATCH COTTAGE, and 75% of houses are larger. Note that EPC data is not available for all properties in Plaistow.

IRON LATCH COTTAGE: Plot and Title Map

IRON LATCH COTTAGE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of IRON LATCH COTTAGE, 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 IRON LATCH COTTAGE). 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 IRON LATCH COTTAGE?

IRON LATCH COTTAGE is located on BACK LANE in PLAISTOW, in the RH14 postcode district. The below map shows the position of IRON LATCH COTTAGE on BACK LANE.