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

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.

MALVERN CROFT is a small extended detached house of 114m², built sometime between 1930 and 1949, which could now be worth an estimated £538,745. It was last sold for £515,000 in June 2024, which was around 6% 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	£549,376	6% below HPI
2018 21 DEC	£375,000	£476,849	21% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might MALVERN CROFT be worth now?

MALVERN CROFT might now be worth an estimated £538,745.

This is based on house price inflation of 4.6%, between June 2024 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% inflationary increase is applied to the most recent sale price for MALVERN CROFT of £515,000 on 21st June 2024. For the value to have increased from £515,000 to £538,745 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of MALVERN CROFT has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2024 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of MALVERN CROFT has not materially changed since June 2024.

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 houses in Fontwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fontwell, and where MALVERN CROFT lies on this distribution: 25% of detached houses 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 0.238 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.