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

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.

JASMINE COTTAGE is a small extended detached house of 98m², built sometime before 1900, which could now be worth an estimated £680,353. It was last sold for £430,000 in November 2011, which was around 5% 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	£453,023	5% below HPI
2003 1 SEP	£292,500	£359,973	19% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2011 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might JASMINE COTTAGE be worth now?

JASMINE COTTAGE might now be worth an estimated £680,353.

This is based on house price inflation of 58.2%, between November 2011 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 58.2% inflationary increase is applied to the most recent sale price for JASMINE COTTAGE of £430,000 on 8th November 2011. For the value to have increased from £430,000 to £680,353 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of JASMINE COTTAGE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The November 2011 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of JASMINE COTTAGE has not materially changed since November 2011.

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 houses in Runcton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Runcton, and where JASMINE COTTAGE lies on this distribution: 22% of detached houses houses are smaller than JASMINE COTTAGE, and 78% 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.