SANDLEWOOD, THE RIDE, IFOLD, BILLINGSHURST, RH14 0TH - £537,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

SANDLEWOOD is a very small extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £537,500 in June 2016, which was around 1% below the average June 2016 detached price in the Chichester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

SANDLEWOOD Sold Prices

Land registry data shows two sales for SANDLEWOOD 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. One of the two SANDLEWOOD 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
2016 21 JUN	£537,500	£545,635	1% below HPI
1997 7 FEB	£158,000	£136,670	16% above HPI

SANDLEWOOD 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 SANDLEWOOD sales from February 1997 and June 2016 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 February 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is SANDLEWOOD?

SANDLEWOOD is 114m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where SANDLEWOOD lies on this distribution: 10% of detached houses are smaller than SANDLEWOOD, and 90% of houses are larger. Note that EPC data is not available for all properties in Ifold.

SANDLEWOOD: Plot and Title Map

SANDLEWOOD sits on a plot of roughly 0.320 of an acre, or 1,295m². The below map shows the location of SANDLEWOOD, 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 SANDLEWOOD). 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 SANDLEWOOD?

SANDLEWOOD is located on THE RIDE in IFOLD, in the RH14 postcode district. The below map shows the position of SANDLEWOOD on THE RIDE.