RICHMOND FIELD, MILL ROAD, WEST ASHLING, CHICHESTER, PO18 8DA - £2,300,000

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

RICHMOND FIELD is a very large extended detached house of 375m², built sometime between 2007 and 2011. It was last sold for £2,300,000 in August 2022, which was around 223% above the average August 2022 detached price in the Chichester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

RICHMOND FIELD Sold Prices

Land registry data shows three sales for RICHMOND FIELD 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. All of the three RICHMOND FIELD 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
2022 19 AUG	£2,300,000	£712,274	223% above HPI
2010 14 JUN	£1,450,000	£426,854	240% above HPI
2007 11 APR	£865,000	£413,862	109% above HPI

RICHMOND FIELD 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 RICHMOND FIELD sales between April 2007 and August 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 June 2010 sale was for 240% above the HPI. So the extrapolation line tracks at 240% above the HPI over time, until the August 2022 sale, where it falls to 223% above the HPI. The line then continues to track at 223% above the HPI.

How Large is RICHMOND FIELD?

RICHMOND FIELD is 375m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% 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 RICHMOND FIELD lies on this distribution: 97% of detached houses are smaller than RICHMOND FIELD, and 3% of houses are larger. Note that EPC data is not available for all properties in West Ashling.

RICHMOND FIELD: Plot and Title Map

RICHMOND FIELD sits on a plot of roughly 0.847 of an acre, or 3,427m². The below map shows the location of RICHMOND FIELD, 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 RICHMOND FIELD). 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 RICHMOND FIELD?

RICHMOND FIELD is located on MILL ROAD in WEST ASHLING, in the PO18 postcode district. The below map shows the position of RICHMOND FIELD on MILL ROAD.