JASMINE COTTAGE, SALTHAM LANE, RUNCTON, CHICHESTER, PO20 1PU - £430,000

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

JASMINE COTTAGE is a small extended detached house of 98m², built sometime before 1900. It was last sold for £430,000 in November 2011, which was around 3% below the average November 2011 detached price in the Chichester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was E.

JASMINE COTTAGE Sold Prices

Land registry data shows two sales for JASMINE COTTAGE 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. Both of the two JASMINE 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
2011 8 NOV	£430,000	£443,321	3% below HPI
2003 1 SEP	£292,500	£352,264	17% below HPI

JASMINE 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 two JASMINE COTTAGE sales from September 2003 and November 2011 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 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2011 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is JASMINE COTTAGE?

JASMINE COTTAGE is 98m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 30% of detached houses in Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in Runcton, and where JASMINE COTTAGE lies on this distribution: 23% of detached houses are smaller than JASMINE COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Runcton.

JASMINE COTTAGE: Plot and Title Map

JASMINE COTTAGE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of JASMINE 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 JASMINE 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 JASMINE COTTAGE?

JASMINE COTTAGE is located on SALTHAM LANE in RUNCTON, in the PO20 postcode district. The below map shows the position of JASMINE COTTAGE on SALTHAM LANE.