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

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 MERIDEN is a very large extended detached house of 298m², built sometime between 1950 and 1966. It was last sold for £870,000 in October 2018, which was around 39% 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	£623,925	39% above HPI
2015 30 SEP	£799,000	£531,552	50% 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2018 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

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 in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where THE MERIDEN lies on this distribution: 96% of detached 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.