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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NEW HOUSE is a large extended detached house of 159m², built sometime between 1950 and 1966, which could now be worth an estimated £1,066,107. It was last sold for £927,000 in August 2018, which was around 51% 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	£615,568	51% above HPI
2008 18 NOV	£451,721	£439,138	3% 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 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2018 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might NEW HOUSE be worth now?

NEW HOUSE might now be worth an estimated £1,066,107.

This is based on house price inflation of 15%, between August 2018 and December 2024, 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 15% inflationary increase is applied to the most recent sale price for NEW HOUSE of £927,000 on 29th August 2018. For the value to have increased from £927,000 to £1,066,107 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of NEW HOUSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The August 2018 sale price of £927,000 represented a fair market value for the property.
• The size, condition, and specification of NEW HOUSE has not materially changed since August 2018.

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 houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chichester, and where NEW HOUSE lies on this distribution: 79% of detached houses 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.