SPINDRIFT, CREDE LANE, BOSHAM, CHICHESTER, PO18 8NX - £1,137,500

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

SPINDRIFT is a very large extended detached house of 285m², built sometime between 1950 and 1966. It was last sold for £1,137,500 in July 2019, which was around 91% above the average July 2019 detached price in the Chichester local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

SPINDRIFT Sold Prices

Land registry data shows four sales for SPINDRIFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four SPINDRIFT 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
2019 5 JUL	£1,137,500	£596,989	91% above HPI
2006 6 JUN	£755,000	£390,272	93% above HPI
2003 20 AUG	£630,000	£346,359	82% above HPI
1997 10 FEB	£237,000	£136,670	73% above HPI

SPINDRIFT 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 four SPINDRIFT sales between February 1997 and July 2019 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 2006 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the July 2019 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is SPINDRIFT?

SPINDRIFT is 285m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses in Bosham, based on EPC data. The below chart shows the distribution of detached houses by size in Bosham, and where SPINDRIFT lies on this distribution: 91% of detached houses are smaller than SPINDRIFT, and 9% of houses are larger. Note that EPC data is not available for all properties in Bosham.

SPINDRIFT: Plot and Title Map

SPINDRIFT sits on a plot of roughly 0.293 of an acre, or 1,187m². The below map shows the location of SPINDRIFT, 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 SPINDRIFT). 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 SPINDRIFT?

SPINDRIFT is located on CREDE LANE in BOSHAM, in the PO18 postcode district. The below map shows the position of SPINDRIFT on CREDE LANE.