MILL POND COTTAGE, THE GARDENS, WEST ASHLING, CHICHESTER, PO18 8DX - £1,100,000

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

MILL POND COTTAGE is a small extended detached house of 126m², built sometime between 1900 and 1929. It was last sold for £1,100,000 in July 2020, which was around 84% above the average July 2020 detached price in the Chichester local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

MILL POND COTTAGE Sold Prices

Land registry data shows two sales for MILL POND 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. Both of the two MILL POND COTTAGE 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
2020 24 JUL	£1,100,000	£599,046	84% above HPI
2014 5 SEP	£695,000	£496,476	40% above HPI

MILL POND 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 MILL POND COTTAGE sales from September 2014 and July 2020 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 2014 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2020 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is MILL POND COTTAGE?

MILL POND COTTAGE is 126m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in West Ashling, based on EPC data. The below chart shows the distribution of detached houses by size in West Ashling, and where MILL POND COTTAGE lies on this distribution: 24% of detached houses are smaller than MILL POND COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in West Ashling.

MILL POND COTTAGE: Plot and Title Map

MILL POND COTTAGE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of MILL POND 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 MILL POND 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 MILL POND COTTAGE?

MILL POND COTTAGE is located on THE GARDENS in WEST ASHLING, in the PO18 postcode district. The below map shows the position of MILL POND COTTAGE on THE GARDENS.