MAY COTTAGE, RUNCTON LANE, RUNCTON, CHICHESTER, PO20 1PT - £433,000

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.

MAY COTTAGE is a very small extended detached house of 92m², built sometime between 1930 and 1949, which could now be worth an estimated £717,234. It was last sold for £433,000 in July 2007, which was about the average July 2007 detached price in the Chichester local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was A.

MAY COTTAGE Sold Prices

Land registry data shows two sales for MAY COTTAGE 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. One of the two MAY COTTAGE sales was roughly equal to the average price, whilst the other was 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
2007 27 JUL	£433,000	£432,726	Close to HPI
2001 24 AUG	£200,000	£259,920	23% below HPI

MAY COTTAGE 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 MAY COTTAGE sales from August 2001 and July 2007 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 August 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2007 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might MAY COTTAGE be worth now?

MAY COTTAGE might now be worth an estimated £717,234.

This is based on house price inflation of 65.6%, between July 2007 and February 2025, 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 65.6% inflationary increase is applied to the most recent sale price for MAY COTTAGE of £433,000 on 27th July 2007. For the value to have increased from £433,000 to £717,234 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of MAY COTTAGE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The July 2007 sale price of £433,000 represented a fair market value for the property.
• The size, condition, and specification of MAY COTTAGE has not materially changed since July 2007.

How Large is MAY COTTAGE?

MAY COTTAGE is 92m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses houses in Runcton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Runcton, and where MAY COTTAGE lies on this distribution: 12% of detached houses houses are smaller than MAY COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Runcton.

MAY COTTAGE: Plot and Title Map

MAY COTTAGE sits on a plot of roughly 0.264 of an acre, or 1,070m². The below map shows the location of MAY COTTAGE, 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 MAY COTTAGE). 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 MAY COTTAGE?

MAY COTTAGE is located on RUNCTON LANE in RUNCTON, in the PO20 postcode district. The below map shows the position of MAY COTTAGE on RUNCTON LANE.