MALVERN CROFT, FONTWELL AVENUE, EASTERGATE, CHICHESTER, PO20 3RY - £515,000

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

MALVERN CROFT is a small extended detached house of 114m², built sometime between 1930 and 1949. It was last sold for £515,000 in June 2024, which was around 7% below the average June 2024 detached price in the Arun local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

MALVERN CROFT Sold Prices

Land registry data shows two sales for MALVERN CROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two MALVERN CROFT 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 21 JUN	£515,000	£556,015	7% below HPI
2018 21 DEC	£375,000	£459,645	18% below HPI

MALVERN CROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two MALVERN CROFT sales from December 2018 and June 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 December 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is MALVERN CROFT?

MALVERN CROFT is 114m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses in Fontwell, based on EPC data. The below chart shows the distribution of detached houses by size in Fontwell, and where MALVERN CROFT lies on this distribution: 26% of detached houses are smaller than MALVERN CROFT, and 74% of houses are larger. Note that EPC data is not available for all properties in Fontwell.

MALVERN CROFT: Plot and Title Map

MALVERN CROFT sits on a plot of roughly 0.239 of an acre, or 965m². The below map shows the location of MALVERN CROFT, 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 MALVERN CROFT). 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 MALVERN CROFT?

MALVERN CROFT is located on FONTWELL AVENUE in EASTERGATE, in the PO20 postcode district. The below map shows the position of MALVERN CROFT on FONTWELL AVENUE.