OFFSHORE COTTAGE, FARM LANE, NUTBOURNE, CHICHESTER, PO18 8SA - £725,000

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

OFFSHORE COTTAGE is a very large extended detached house of 189m², built sometime between 1967 and 1975. It was last sold for £725,000 in August 2013, which was around 61% above the average August 2013 detached price in the Chichester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

OFFSHORE COTTAGE Sold Prices

Land registry data shows two sales for OFFSHORE 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 OFFSHORE 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
2013 23 AUG	£725,000	£450,025	61% above HPI
2005 30 SEP	£472,500	£375,279	26% above HPI

OFFSHORE 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 OFFSHORE COTTAGE sales from September 2005 and August 2013 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 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2013 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is OFFSHORE COTTAGE?

OFFSHORE COTTAGE is 189m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 20% of detached houses in Nutbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Nutbourne, and where OFFSHORE COTTAGE lies on this distribution: 86% of detached houses are smaller than OFFSHORE COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Nutbourne.

OFFSHORE COTTAGE: Plot and Title Map

OFFSHORE COTTAGE sits on a plot of roughly 0.345 of an acre, or 1,395m². The below map shows the location of OFFSHORE 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 OFFSHORE 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 OFFSHORE COTTAGE?

OFFSHORE COTTAGE is located on FARM LANE in NUTBOURNE, in the PO18 postcode district. The below map shows the position of OFFSHORE COTTAGE on FARM LANE.