THANE, THE DRIVE, IFOLD, BILLINGSHURST, RH14 0TB - £1,225,000

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

THANE is a large extended detached house of 235m², built sometime between 1967 and 1975. It was last sold for £1,225,000 in July 2022, which was around 78% above the average July 2022 detached price in the Chichester local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was C.

THANE Sold Prices

Land registry data shows three sales for THANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. One of the three THANE sales was for above the average price, whilst two 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
2022 1 JUL	£1,225,000	£687,143	78% above HPI
2020 4 DEC	£237,270	£633,048	63% below HPI
2012 20 NOV	£250,000	£456,132	45% below HPI

THANE 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 three THANE sales between November 2012 and July 2022 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 December 2020 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the July 2022 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is THANE?

THANE is 235m², which includes three extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where THANE lies on this distribution: 77% of detached houses are smaller than THANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Ifold.

THANE: Plot and Title Map

THANE sits on a plot of roughly 0.297 of an acre, or 1,203m². The below map shows the location of THANE, 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 THANE). 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 THANE?

THANE is located on THE DRIVE in IFOLD, in the RH14 postcode district. The below map shows the position of THANE on THE DRIVE.