SPRINGTIDE, PRIORS LEAZE LANE, HAMBROOK, CHICHESTER, PO18 8RQ - £446,000

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.

SPRINGTIDE is a small extended detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £531,926. It was last sold for £446,000 in January 2020, which was around 26% below the average January 2020 detached price in the Chichester local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

SPRINGTIDE Sold Prices

Land registry data shows two sales for SPRINGTIDE 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. Both of the two SPRINGTIDE 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
2020 10 JAN	£446,000	£600,993	26% below HPI
2013 21 JUN	£310,000	£454,290	32% below HPI

SPRINGTIDE 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 SPRINGTIDE sales from June 2013 and January 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 June 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might SPRINGTIDE be worth now?

SPRINGTIDE might now be worth an estimated £531,926.

This is based on house price inflation of 19.3%, between January 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 19.3% inflationary increase is applied to the most recent sale price for SPRINGTIDE of £446,000 on 10th January 2020. For the value to have increased from £446,000 to £531,926 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of SPRINGTIDE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The January 2020 sale price of £446,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGTIDE has not materially changed since January 2020.

How Large is SPRINGTIDE?

SPRINGTIDE is 110m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of detached houses houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hambrook, and where SPRINGTIDE lies on this distribution: 26% of detached houses houses are smaller than SPRINGTIDE, and 74% of houses are larger. Note that EPC data is not available for all properties in Hambrook.

SPRINGTIDE: Plot and Title Map

SPRINGTIDE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of SPRINGTIDE, 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 SPRINGTIDE). 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 SPRINGTIDE?

SPRINGTIDE is located on PRIORS LEAZE LANE in HAMBROOK, in the PO18 postcode district. The below map shows the position of SPRINGTIDE on PRIORS LEAZE LANE.