ORCHARD COTTAGE, FUNTINGTON, CHICHESTER, PO18 9LG - £1,140,000

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.

ORCHARD COTTAGE is a very large extended detached house of 289m², built sometime between 1950 and 1966, which could now be worth an estimated £1,281,612. It was last sold for £1,140,000 in October 2018, which was around 79% above the average October 2018 detached price in the Chichester local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was C.

ORCHARD COTTAGE Sold Prices

Land registry data shows two sales for ORCHARD 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 ORCHARD 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
2018 12 OCT	£1,140,000	£637,579	79% above HPI
2012 3 APR	£678,000	£444,666	52% above HPI

ORCHARD 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 ORCHARD COTTAGE sales from April 2012 and October 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 April 2012 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2018 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might ORCHARD COTTAGE be worth now?

ORCHARD COTTAGE might now be worth an estimated £1,281,612.

This is based on house price inflation of 12.4%, between October 2018 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 12.4% inflationary increase is applied to the most recent sale price for ORCHARD COTTAGE of £1,140,000 on 12th October 2018. For the value to have increased from £1,140,000 to £1,281,612 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of ORCHARD COTTAGE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The October 2018 sale price of £1,140,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD COTTAGE has not materially changed since October 2018.

How Large is ORCHARD COTTAGE?

ORCHARD COTTAGE is 289m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses houses in Funtington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Funtington, and where ORCHARD COTTAGE lies on this distribution: 90% of detached houses houses are smaller than ORCHARD COTTAGE, and 10% of houses are larger. Note that EPC data is not available for all properties in Funtington.

ORCHARD COTTAGE: Plot and Title Map

ORCHARD COTTAGE sits on a plot of roughly 0.988 of an acre, or 3,998m². The below map shows the location of ORCHARD 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 ORCHARD 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 ORCHARD COTTAGE?

ORCHARD COTTAGE is located in FUNTINGTON, in the PO18 postcode district. The below map shows the position of ORCHARD COTTAGE in FUNTINGTON.