SOUTH MEAD, WALTON LANE, BOSHAM, CHICHESTER, PO18 8QF - £890,000

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.

SOUTH MEAD is a large extended detached house of 177m², built sometime between 1950 and 1966, which could now be worth an estimated £970,839. It was last sold for £890,000 in October 2020, which was around 35% above the average October 2020 detached price in the Chichester local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

SOUTH MEAD Sold Prices

Land registry data shows two sales for SOUTH MEAD 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 SOUTH MEAD sales was for above the average price, whilst the other was 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
2020 2 OCT	£890,000	£657,096	35% above HPI
2015 1 MAY	£475,000	£512,012	7% below HPI

SOUTH 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 two SOUTH MEAD sales from May 2015 and October 2020 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 May 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2020 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might SOUTH MEAD be worth now?

SOUTH MEAD might now be worth an estimated £970,839.

This is based on house price inflation of 9.1%, between October 2020 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.1% inflationary increase is applied to the most recent sale price for SOUTH MEAD of £890,000 on 2nd October 2020. For the value to have increased from £890,000 to £970,839 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of SOUTH MEAD has moved in line with the HPI for detached houses in the Chichester local authority area.
• The October 2020 sale price of £890,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTH MEAD has not materially changed since October 2020.

How Large is SOUTH MEAD?

SOUTH MEAD is 177m², which includes three extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of detached houses houses in Bosham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bosham, and where SOUTH MEAD lies on this distribution: 63% of detached houses houses are smaller than SOUTH MEAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Bosham.

SOUTH MEAD: Plot and Title Map

SOUTH MEAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of SOUTH 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 SOUTH 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 SOUTH MEAD?

SOUTH MEAD is located on WALTON LANE in BOSHAM, in the PO18 postcode district. The below map shows the position of SOUTH MEAD on WALTON LANE.