MANHATTAN, THE DRIVE, IFOLD, BILLINGSHURST, RH14 0TA - £824,976

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MANHATTAN is a large extended detached house of 201m², built sometime between 1976 and 1982, which could now be worth an estimated £912,880. It was last sold for £824,976 in February 2021, which was around 29% above the average February 2021 detached price in the Chichester local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

MANHATTAN Sold Prices

Land registry data shows two sales for MANHATTAN 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 MANHATTAN sales were for above 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
2021 3 FEB	£824,976	£639,771	29% above HPI
2008 29 FEB	£580,000	£415,353	40% above HPI

MANHATTAN 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 MANHATTAN sales from February 2008 and February 2021 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 February 2008 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might MANHATTAN be worth now?

MANHATTAN might now be worth an estimated £912,880.

This is based on house price inflation of 10.7%, between February 2021 and December 2024, 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 10.7% inflationary increase is applied to the most recent sale price for MANHATTAN of £824,976 on 3rd February 2021. For the value to have increased from £824,976 to £912,880 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of MANHATTAN has moved in line with the HPI for detached houses in the Chichester local authority area.
• The February 2021 sale price of £824,976 represented a fair market value for the property.
• The size, condition, and specification of MANHATTAN has not materially changed since February 2021.

How Large is MANHATTAN?

MANHATTAN is 201m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 40% of detached houses houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ifold, and where MANHATTAN lies on this distribution: 60% of detached houses houses are smaller than MANHATTAN, and 40% of houses are larger. Note that EPC data is not available for all properties in Ifold.

MANHATTAN: Plot and Title Map

MANHATTAN sits on a plot of roughly 0.323 of an acre, or 1,306m². The below map shows the location of MANHATTAN, 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 MANHATTAN). 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 MANHATTAN?

MANHATTAN is located on THE DRIVE in IFOLD, in the RH14 postcode district. The below map shows the position of MANHATTAN on THE DRIVE.