THE HORNBEAM, OLD RECTORY DRIVE, EASTERGATE, CHICHESTER, PO20 3XH - £995,000

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

THE HORNBEAM is a large detached house of 152m², built sometime between 1967 and 1975. It was last sold for £995,000 in July 2022, which was around 80% above the average July 2022 detached price in the Arun local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

THE HORNBEAM Sold Prices

Land registry data shows three sales for THE HORNBEAM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three THE HORNBEAM sales 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 7 JUL	£995,000	£552,284	80% above HPI
2014 18 JUL	£625,000	£356,606	75% above HPI
2008 19 MAR	£575,000	£341,729	68% above HPI

THE HORNBEAM 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 three THE HORNBEAM sales between March 2008 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 July 2014 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the July 2022 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is THE HORNBEAM?

THE HORNBEAM is 152m² according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of detached houses in Eastergate, based on EPC data. The below chart shows the distribution of detached houses by size in Eastergate, and where THE HORNBEAM lies on this distribution: 77% of detached houses are smaller than THE HORNBEAM, and 23% of houses are larger. Note that EPC data is not available for all properties in Eastergate.

THE HORNBEAM: Plot and Title Map

THE HORNBEAM sits on a plot of roughly 0.338 of an acre, or 1,370m². The below map shows the location of THE HORNBEAM, 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 HORNBEAM). 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 HORNBEAM?

THE HORNBEAM is located on OLD RECTORY DRIVE in EASTERGATE, in the PO20 postcode district. The below map shows the position of THE HORNBEAM on OLD RECTORY DRIVE.