LUZERN, INLANDS ROAD, NUTBOURNE, CHICHESTER, PO18 8RJ - £480,000

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

LUZERN is a large extended detached house of 145m², built sometime between 1950 and 1966. It was last sold for £480,000 in November 2013, which was around 4% above the average November 2013 detached price in the Chichester local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

LUZERN Sold Prices

Land registry data shows two sales for LUZERN 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 LUZERN 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
2013 15 NOV	£480,000	£462,561	4% above HPI
2011 10 JAN	£325,000	£437,242	26% below HPI

LUZERN 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 LUZERN sales from January 2011 and November 2013 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 January 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2013 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is LUZERN?

LUZERN is 145m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 30% of detached houses in Nutbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Nutbourne, and where LUZERN lies on this distribution: 72% of detached houses are smaller than LUZERN, and 28% of houses are larger. Note that EPC data is not available for all properties in Nutbourne.

LUZERN: Plot and Title Map

LUZERN sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of LUZERN, 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 LUZERN). 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 LUZERN?

LUZERN is located on INLANDS ROAD in NUTBOURNE, in the PO18 postcode district. The below map shows the position of LUZERN on INLANDS ROAD.