MALCROFT, SUSSEX GROVE, BRACKLESHAM BAY, CHICHESTER, PO20 8AQ - £425,000

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.

MALCROFT is a large detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £567,675. It was last sold for £425,000 in July 2015, which was around 21% below the average July 2015 detached price in the Chichester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

MALCROFT Sold Prices

Land registry data shows three sales for MALCROFT 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. All of the three MALCROFT 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
2015 13 JUL	£425,000	£536,630	21% below HPI
2013 12 DEC	£410,000	£466,535	12% below HPI
2012 9 OCT	£260,000	£471,249	45% below HPI

MALCROFT 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 MALCROFT sales between October 2012 and July 2015 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 December 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might MALCROFT be worth now?

MALCROFT might now be worth an estimated £567,675.

This is based on house price inflation of 33.6%, between July 2015 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 33.6% inflationary increase is applied to the most recent sale price for MALCROFT of £425,000 on 13th July 2015. For the value to have increased from £425,000 to £567,675 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of MALCROFT has moved in line with the HPI for detached houses in the Chichester local authority area.
• The July 2015 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of MALCROFT has not materially changed since July 2015.

How Large is MALCROFT?

MALCROFT is 137m² according to the EPC inspection conducted in June 2013. This puts it in the largest 30% 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 MALCROFT lies on this distribution: 74% of detached houses houses are smaller than MALCROFT, and 26% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

MALCROFT: Plot and Title Map

MALCROFT sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of MALCROFT, 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 MALCROFT). 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 MALCROFT?

MALCROFT is located on SUSSEX GROVE in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of MALCROFT on SUSSEX GROVE.