RYFE MEAD, MILL LANE, RUNCTON, CHICHESTER, PO20 1PP - £497,563

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

RYFE MEAD is a very small extended detached house of 95m², built sometime between 1930 and 1949. It was last sold for £497,563 in October 2023, which was around 30% below the average October 2023 detached price in the Chichester local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was E.

RYFE MEAD Sold Prices

Land registry data shows three sales for RYFE MEAD 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. Two of the three RYFE MEAD sales were for below the average price, whilst one 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
2023 5 OCT	£497,563	£710,726	30% below HPI
2020 12 MAR	£1,000,000	£600,932	66% above HPI
2011 28 FEB	£425,000	£432,508	2% below HPI

RYFE MEAD 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 RYFE MEAD sales between February 2011 and October 2023 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 March 2020 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the October 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is RYFE MEAD?

RYFE MEAD is 95m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses in Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in Runcton, and where RYFE MEAD lies on this distribution: 19% of detached houses are smaller than RYFE MEAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Runcton.

RYFE MEAD: Plot and Title Map

RYFE MEAD sits on a plot of roughly 0.580 of an acre, or 2,349m². The below map shows the location of RYFE MEAD, 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 RYFE MEAD). 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 RYFE MEAD?

RYFE MEAD is located on MILL LANE in RUNCTON, in the PO20 postcode district. The below map shows the position of RYFE MEAD on MILL LANE.