THE CROFT, WESTERGATE STREET, WESTERGATE, CHICHESTER, PO20 3RH - £422,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE CROFT is a midsized extended detached house of 116m², built sometime between 1900 and 1929, which could now be worth an estimated £433,473. It was last sold for £422,000 in April 2022, which was around 24% below the average April 2022 detached price in the Arun local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

THE CROFT Sold Prices

Land registry data shows four sales for THE CROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. two of the four THE CROFT sales were for below the average price, and four 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
2022 8 APR	£422,000	£556,949	24% below HPI
2005 21 MAR	£300,000	£298,123	1% above HPI
2001 30 MAR	£184,000	£185,647	1% below HPI
1997 25 APR	£111,500	£108,264	3% above HPI

THE CROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The four THE CROFT sales between April 1997 and April 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 March 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might THE CROFT be worth now?

THE CROFT might now be worth an estimated £433,473.

This is based on house price inflation of 2.7%, between April 2022 and December 2024, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% inflationary increase is applied to the most recent sale price for THE CROFT of £422,000 on 8th April 2022. For the value to have increased from £422,000 to £433,473 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of THE CROFT has moved in line with the HPI for detached houses in the Arun local authority area.
• The April 2022 sale price of £422,000 represented a fair market value for the property.
• The size, condition, and specification of THE CROFT has not materially changed since April 2022.

How Large is THE CROFT?

THE CROFT is 116m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westergate, and where THE CROFT lies on this distribution: 52% of detached houses houses are smaller than THE CROFT, and 47% of houses are larger. Note that EPC data is not available for all properties in Westergate.

THE CROFT: Plot and Title Map

THE CROFT sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of THE CROFT, 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 THE CROFT). 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 THE CROFT?

THE CROFT is located on WESTERGATE STREET in WESTERGATE, in the PO20 postcode district. The below map shows the position of THE CROFT on WESTERGATE STREET.