PASADENA, THE RIDE, IFOLD, BILLINGSHURST, RH14 0TH - £725,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PASADENA is a small detached house of 140m², built sometime between 1950 and 1966. It was last sold for £725,000 in September 2022, which was about the average September 2022 detached price in the Chichester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

PASADENA Sold Prices

Land registry data shows three sales for PASADENA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. The three PASADENA sales were a mix of roughly equal to the average price, above the average price, and below 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
2022 2 SEP	£725,000	£723,263	Close to HPI
2010 7 OCT	£535,000	£449,712	19% above HPI
2001 11 OCT	£250,000	£258,902	3% below HPI

PASADENA 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 three PASADENA sales between October 2001 and September 2022 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 October 2010 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is PASADENA?

PASADENA is 140m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where PASADENA lies on this distribution: 27% of detached houses are smaller than PASADENA, and 73% of houses are larger. Note that EPC data is not available for all properties in Ifold.

PASADENA: Plot and Title Map

PASADENA sits on a plot of roughly 0.345 of an acre, or 1,398m². The below map shows the location of PASADENA, 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 PASADENA). 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 PASADENA?

PASADENA is located on THE RIDE in IFOLD, in the RH14 postcode district. The below map shows the position of PASADENA on THE RIDE.