THE LAURELS, WESTERGATE STREET, WESTERGATE, CHICHESTER, PO20 3RH - £408,000

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 LAURELS is a very large detached house of 159m², built sometime between 1996 and 2002. It was last sold for £408,000 in January 2015, which was around 9% above the average January 2015 detached price in the Arun local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two THE LAURELS 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
2015 20 JAN	£408,000	£373,038	9% above HPI
1999 26 FEB	£140,000	£130,668	7% above HPI

THE LAURELS 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 two THE LAURELS sales from February 1999 and January 2015 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 February 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2015 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 159m² according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses by size in Westergate, and where THE LAURELS lies on this distribution: 90% of detached houses are smaller than THE LAURELS, and 9% of houses are larger. Note that EPC data is not available for all properties in Westergate.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

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