TELEKI, RUNCTON LANE, RUNCTON, CHICHESTER, PO20 1PT - £845,000

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.

TELEKI is a very large detached house of 253m², built sometime between 1967 and 1975, which could now be worth an estimated £896,371. It was last sold for £845,000 in February 2024, which was around 25% above the average February 2024 detached price in the Chichester local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

TELEKI Sold Prices

Land registry data shows two sales for TELEKI 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 TELEKI 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
2024 2 FEB	£845,000	£675,701	25% above HPI
2003 21 JAN	£275,000	£324,950	15% below HPI

TELEKI 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 TELEKI sales from January 2003 and February 2024 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 January 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2024 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might TELEKI be worth now?

TELEKI might now be worth an estimated £896,371.

This is based on house price inflation of 6.1%, between February 2024 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 6.1% inflationary increase is applied to the most recent sale price for TELEKI of £845,000 on 2nd February 2024. For the value to have increased from £845,000 to £896,371 over the one year to February 2025, the following assumptions must hold true:

• The value of TELEKI has moved in line with the HPI for detached houses in the Chichester local authority area.
• The February 2024 sale price of £845,000 represented a fair market value for the property.
• The size, condition, and specification of TELEKI has not materially changed since February 2024.

How Large is TELEKI?

TELEKI is 253m² according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses houses in Runcton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Runcton, and where TELEKI lies on this distribution: 86% of detached houses houses are smaller than TELEKI, and 12% of houses are larger. Note that EPC data is not available for all properties in Runcton.

TELEKI: Plot and Title Map

TELEKI sits on a plot of roughly 0.338 of an acre, or 1,368m². The below map shows the location of TELEKI, 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 TELEKI). 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 TELEKI?

TELEKI is located on RUNCTON LANE in RUNCTON, in the PO20 postcode district. The below map shows the position of TELEKI on RUNCTON LANE.