MARCH ELMS, HORSEMERE GREEN LANE, CLIMPING, LITTLEHAMPTON, BN17 5QZ - £495,000

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

MARCH ELMS is a small extended detached house of 122m², built sometime before 1900. It was last sold for £495,000 in September 2023, which was around 11% below the average September 2023 detached price in the Arun local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was A.

MARCH ELMS Sold Prices

Land registry data shows three sales for MARCH ELMS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the three MARCH ELMS sales was for below the average price, whilst two 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
2023 12 SEP	£495,000	£556,997	11% below HPI
2003 15 SEP	£269,950	£267,216	1% above HPI
1997 20 JUN	£139,500	£106,826	31% above HPI

MARCH ELMS 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 three MARCH ELMS sales between June 1997 and September 2023 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 September 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is MARCH ELMS?

MARCH ELMS is 122m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses in Horsemere Green, based on EPC data. The below chart shows the distribution of detached houses by size in Horsemere Green, and where MARCH ELMS lies on this distribution: 37% of detached houses are smaller than MARCH ELMS, and 62% of houses are larger. Note that EPC data is not available for all properties in Horsemere Green.

MARCH ELMS: Plot and Title Map

MARCH ELMS sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of MARCH ELMS, 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 MARCH ELMS). 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 MARCH ELMS?

MARCH ELMS is located on HORSEMERE GREEN LANE in CLIMPING, in the BN17 postcode district. The below map shows the position of MARCH ELMS on HORSEMERE GREEN LANE.