RED CROFT, FARM ROAD, BRACKLESHAM BAY, CHICHESTER, PO20 8JT - £335,000

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.

RED CROFT is a midsized detached house of 99m², built sometime between 1983 and 1990, which could now be worth an estimated £499,871. It was last sold for £335,000 in May 2014, which was around 30% below the average May 2014 detached price in the Chichester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

RED CROFT Sold Prices

Land registry data shows two sales for RED CROFT 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 RED CROFT sales were for 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
2014 23 MAY	£335,000	£480,367	30% below HPI
1997 22 JUL	£89,000	£155,533	43% below HPI

RED CROFT 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 RED CROFT sales from July 1997 and May 2014 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 July 1997 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might RED CROFT be worth now?

RED CROFT might now be worth an estimated £499,871.

This is based on house price inflation of 49.2%, between May 2014 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 49.2% inflationary increase is applied to the most recent sale price for RED CROFT of £335,000 on 23rd May 2014. For the value to have increased from £335,000 to £499,871 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of RED CROFT has moved in line with the HPI for detached houses in the Chichester local authority area.
• The May 2014 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of RED CROFT has not materially changed since May 2014.

How Large is RED CROFT?

RED CROFT is 99m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of detached houses houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Wittering, and where RED CROFT lies on this distribution: 40% of detached houses houses are smaller than RED CROFT, and 59% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

RED CROFT: Plot and Title Map

RED CROFT sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of RED CROFT, 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 RED CROFT). 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 RED CROFT?

RED CROFT is located on FARM ROAD in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of RED CROFT on FARM ROAD.