PARK VIEW, FONTWELL AVENUE, EASTERGATE, CHICHESTER, PO20 3RY - £470,000

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

PARK VIEW is a large detached house of 184m², built sometime between 1991 and 1995, which could now be worth an estimated £825,687. It was last sold for £470,000 in February 2007, which was around 44% above the average February 2007 detached price in the Arun local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

PARK VIEW Sold Prices

Land registry data shows two sales for PARK VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two PARK VIEW 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
2007 28 FEB	£470,000	£327,136	44% above HPI
2001 23 AUG	£317,500	£201,690	57% above HPI

PARK VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two PARK VIEW sales from August 2001 and February 2007 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 August 2001 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the February 2007 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might PARK VIEW be worth now?

PARK VIEW might now be worth an estimated £825,687.

This is based on house price inflation of 75.7%, between February 2007 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.7% inflationary increase is applied to the most recent sale price for PARK VIEW of £470,000 on 28th February 2007. For the value to have increased from £470,000 to £825,687 over the eighteen years to February 2025, the following assumptions must hold true:

• The value of PARK VIEW has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2007 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of PARK VIEW has not materially changed since February 2007.

How Large is PARK VIEW?

PARK VIEW is 184m² according to the EPC inspection conducted in January 2018. This puts it in the largest 30% of detached houses houses in Fontwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fontwell, and where PARK VIEW lies on this distribution: 73% of detached houses houses are smaller than PARK VIEW, and 27% of houses are larger. Note that EPC data is not available for all properties in Fontwell.

PARK VIEW: Plot and Title Map

PARK VIEW sits on a plot of roughly 0.333 of an acre, or 1,349m². The below map shows the location of PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

PARK VIEW is located on FONTWELL AVENUE in EASTERGATE, in the PO20 postcode district. The below map shows the position of PARK VIEW on FONTWELL AVENUE.