SCHOOL HOUSE, SCHOOL LANE, EASTERGATE, CHICHESTER, PO20 3UU - £848,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SCHOOL HOUSE is a large extended detached house of 151m², built sometime before 1900, which could now be worth an estimated £852,654. It was last sold for £848,000 in August 2022, which was around 48% above the average August 2022 detached price in the Arun local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

SCHOOL HOUSE Sold Prices

Land registry data shows four sales for SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four SCHOOL HOUSE 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 30 AUG	£848,000	£571,569	48% above HPI
2016 7 JUN	£610,000	£421,930	45% above HPI
2005 5 AUG	£360,000	£297,886	21% above HPI
1999 30 APR	£240,000	£134,438	79% above HPI

SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The four SCHOOL HOUSE sales between April 1999 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 2016 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the August 2022 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might SCHOOL HOUSE be worth now?

SCHOOL HOUSE might now be worth an estimated £852,654.

This is based on house price inflation of 0.5%, between August 2022 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for SCHOOL HOUSE of £848,000 on 30th August 2022. For the value to have increased from £848,000 to £852,654 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of SCHOOL HOUSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2022 sale price of £848,000 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL HOUSE has not materially changed since August 2022.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 151m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 30% of detached houses houses in Eastergate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastergate, and where SCHOOL HOUSE lies on this distribution: 77% of detached houses houses are smaller than SCHOOL HOUSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Eastergate.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.273 of an acre, or 1,105m². The below map shows the location of SCHOOL HOUSE, 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 SCHOOL HOUSE). 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 SCHOOL HOUSE?

SCHOOL HOUSE is located on SCHOOL LANE in EASTERGATE, in the PO20 postcode district. The below map shows the position of SCHOOL HOUSE on SCHOOL LANE.