THE MERIDEN, THE RIDE, IFOLD, BILLINGSHURST, RH14 0TF - £870,000

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.

THE MERIDEN is a very large extended detached house of 298m², built sometime between 1950 and 1966, which could now be worth an estimated £978,073. It was last sold for £870,000 in October 2018, which was around 36% above the average October 2018 detached price in the Chichester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

THE MERIDEN Sold Prices

Land registry data shows two sales for THE MERIDEN 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. Both of the two THE MERIDEN 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
2018 19 OCT	£870,000	£637,579	36% above HPI
2015 30 SEP	£799,000	£543,184	47% above HPI

THE MERIDEN 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 THE MERIDEN sales from September 2015 and October 2018 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 September 2015 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2018 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might THE MERIDEN be worth now?

THE MERIDEN might now be worth an estimated £978,073.

This is based on house price inflation of 12.4%, between October 2018 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 12.4% inflationary increase is applied to the most recent sale price for THE MERIDEN of £870,000 on 19th October 2018. For the value to have increased from £870,000 to £978,073 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of THE MERIDEN has moved in line with the HPI for detached houses in the Chichester local authority area.
• The October 2018 sale price of £870,000 represented a fair market value for the property.
• The size, condition, and specification of THE MERIDEN has not materially changed since October 2018.

How Large is THE MERIDEN?

THE MERIDEN is 298m², which includes three extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ifold, and where THE MERIDEN lies on this distribution: 96% of detached houses houses are smaller than THE MERIDEN, and 4% of houses are larger. Note that EPC data is not available for all properties in Ifold.

THE MERIDEN: Plot and Title Map

THE MERIDEN sits on a plot of roughly 0.411 of an acre, or 1,665m². The below map shows the location of THE MERIDEN, 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 MERIDEN). 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 MERIDEN?

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