REGENCY LODGE, GREENFIELD LANE, WEST ASHLING, CHICHESTER, PO18 8FB - £615,000

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

REGENCY LODGE is a midsized extended detached house of 184m², built sometime between 1976 and 1982. It was last sold for £615,000 in March 2020, which was around 2% above the average March 2020 detached price in the Chichester local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was A.

REGENCY LODGE Sold Prices

Land registry data shows six sales for REGENCY LODGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Most of the six REGENCY LODGE 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
2020 9 MAR	£615,000	£600,932	2% above HPI
2016 16 SEP	£370,000	£578,462	36% below HPI
2006 8 SEP	£325,000	£406,757	20% below HPI
2000 2 NOV	£170,000	£240,399	29% below HPI
1997 30 SEP	£146,000	£157,239	7% below HPI
1997 31 JAN	£60,000	£137,745	56% below HPI

REGENCY LODGE 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 six REGENCY LODGE sales between January 1997 and March 2020 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 September 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is REGENCY LODGE?

REGENCY LODGE is 184m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 50% of detached houses in West Ashling, based on EPC data. The below chart shows the distribution of detached houses by size in West Ashling, and where REGENCY LODGE lies on this distribution: 53% of detached houses are smaller than REGENCY LODGE, and 44% of houses are larger. Note that EPC data is not available for all properties in West Ashling.

REGENCY LODGE: Plot and Title Map

REGENCY LODGE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of REGENCY LODGE, 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 REGENCY LODGE). 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 REGENCY LODGE?

REGENCY LODGE is located on GREENFIELD LANE in WEST ASHLING, in the PO18 postcode district. The below map shows the position of REGENCY LODGE on GREENFIELD LANE.