NEW HOUSE, FORDWATER ROAD, CHICHESTER, PO19 6PS - £927,000

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

NEW HOUSE is a large extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £927,000 in August 2018, which was around 54% above the average August 2018 detached price in the Chichester local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was C.

NEW HOUSE Sold Prices

Land registry data shows two sales for NEW HOUSE 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 NEW HOUSE 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
2018 29 AUG	£927,000	£602,385	54% above HPI
2008 18 NOV	£451,721	£429,733	5% above HPI

NEW HOUSE 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 NEW HOUSE sales from November 2008 and August 2018 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 November 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2018 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is NEW HOUSE?

NEW HOUSE is 159m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where NEW HOUSE lies on this distribution: 78% of detached houses are smaller than NEW HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Chichester.

NEW HOUSE: Plot and Title Map

NEW HOUSE sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of NEW HOUSE, 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 NEW HOUSE). 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 NEW HOUSE?

NEW HOUSE is located on FORDWATER ROAD in CHICHESTER, in the PO19 postcode district. The below map shows the position of NEW HOUSE on FORDWATER ROAD.