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

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

MANHATTAN is a large extended detached house of 201m², built sometime between 1976 and 1982. It was last sold for £824,976 in February 2021, which was around 32% 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	£626,070	32% above HPI
2008 29 FEB	£580,000	£406,457	43% 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 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the February 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

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 in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where MANHATTAN lies on this distribution: 60% of detached 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.