SHELLY, THE DRIVE, IFOLD, BILLINGSHURST, RH14 0TD - £940,000

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

SHELLY is a large extended detached house of 213m², built sometime between 1967 and 1975. It was last sold for £940,000 in September 2023, which was around 31% above the average September 2023 detached price in the Chichester local authority area. The most recent EPC inspection was January 2023, where the current energy rating was F, and the potential energy rating was D.

SHELLY Sold Prices

Land registry data shows three sales for SHELLY 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 SHELLY 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
2023 8 SEP	£940,000	£715,536	31% above HPI
2016 29 JUL	£595,000	£560,638	6% above HPI
2010 10 SEP	£450,000	£446,974	1% above HPI

SHELLY 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 SHELLY sales between September 2010 and September 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 July 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2023 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is SHELLY?

SHELLY is 213m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where SHELLY lies on this distribution: 65% of detached houses are smaller than SHELLY, and 35% of houses are larger. Note that EPC data is not available for all properties in Ifold.

SHELLY: Plot and Title Map

SHELLY sits on a plot of roughly 0.339 of an acre, or 1,373m². The below map shows the location of SHELLY, 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 SHELLY). 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 SHELLY?

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