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

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.

MILL POND COTTAGE is a small extended detached house of 126m², built sometime between 1900 and 1929, which could now be worth an estimated £1,288,002. It was last sold for £1,100,000 in July 2020, which was around 80% 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	£612,156	80% above HPI
2014 5 SEP	£695,000	£507,341	37% 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 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2020 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might MILL POND COTTAGE be worth now?

MILL POND COTTAGE might now be worth an estimated £1,288,002.

This is based on house price inflation of 17.1%, between July 2020 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 17.1% inflationary increase is applied to the most recent sale price for MILL POND COTTAGE of £1,100,000 on 24th July 2020. For the value to have increased from £1,100,000 to £1,288,002 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of MILL POND COTTAGE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The July 2020 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of MILL POND COTTAGE has not materially changed since July 2020.

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 houses in West Ashling, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Ashling, and where MILL POND COTTAGE lies on this distribution: 24% of detached houses 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.