SMITHY HOUSE, HAMBROOK HILL SOUTH, HAMBROOK, CHICHESTER, PO18 8UJ - £440,000

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

SMITHY HOUSE is a small detached house of 116m², built sometime between 1996 and 2002. It was last sold for £440,000 in January 2017, which was around 22% below the average January 2017 detached price in the Chichester local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was B.

SMITHY HOUSE Sold Prices

Land registry data shows three sales for SMITHY HOUSE 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 SMITHY HOUSE sales were for below 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
2017 13 JAN	£440,000	£566,470	22% below HPI
2004 25 JUN	£307,500	£341,372	10% below HPI
1999 4 AUG	£157,000	£185,635	15% below HPI

SMITHY HOUSE 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 SMITHY HOUSE sales between August 1999 and January 2017 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 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is SMITHY HOUSE?

SMITHY HOUSE is 116m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses by size in Hambrook, and where SMITHY HOUSE lies on this distribution: 31% of detached houses are smaller than SMITHY HOUSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hambrook.

SMITHY HOUSE: Plot and Title Map

SMITHY HOUSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of SMITHY 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 SMITHY 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 SMITHY HOUSE?

SMITHY HOUSE is located on HAMBROOK HILL SOUTH in HAMBROOK, in the PO18 postcode district. The below map shows the position of SMITHY HOUSE on HAMBROOK HILL SOUTH.