STEDDLES, VELYN AVENUE, CHICHESTER, PO19 7UP - £745,000

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

STEDDLES is a midsized detached house of 124m², built sometime between 1967 and 1975. It was last sold for £745,000 in December 2020, which was around 18% above the average December 2020 detached price in the Chichester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

STEDDLES Sold Prices

Land registry data shows two sales for STEDDLES 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 STEDDLES sales was for above the average price, whilst the other was roughly equal to 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 8 DEC	£745,000	£633,048	18% above HPI
2014 3 OCT	£500,000	£500,405	Close to HPI

STEDDLES 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 STEDDLES sales from October 2014 and December 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 October 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is STEDDLES?

STEDDLES is 124m² according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where STEDDLES lies on this distribution: 51% of detached houses are smaller than STEDDLES, and 48% of houses are larger. Note that EPC data is not available for all properties in Chichester.

STEDDLES: Plot and Title Map

STEDDLES sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of STEDDLES, 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 STEDDLES). 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 STEDDLES?

STEDDLES is located on VELYN AVENUE in CHICHESTER, in the PO19 postcode district. The below map shows the position of STEDDLES on VELYN AVENUE.