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
RED TILES is a large detached house of 131m², built sometime between 1983 and 1990. It was last sold for £380,000 in October 2012, which was around 18% below the average October 2012 detached price in the Chichester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for RED TILES since 1st 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. One of the two RED TILES sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2012 26 OCT | £380,000 | £461,157 | 18% below HPI |
1997 14 NOV | £157,500 | £155,703 | 1% above HPI |
The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The two RED TILES sales from November 1997 and October 2012 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 November 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2012 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
RED TILES is 131m² according to the EPC inspection conducted in May 2012. This puts it in the largest 30% of detached houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses by size in East Wittering, and where RED TILES lies on this distribution: 70% of detached houses are smaller than RED TILES, and 29% of houses are larger. Note that EPC data is not available for all properties in East Wittering.
RED TILES sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of RED TILES, 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 TILES). 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.
RED TILES is located on LONGLANDS ROAD in EAST WITTERING, in the PO20 postcode district. The below map shows the position of RED TILES on LONGLANDS ROAD.