THE RETREAT, NORTH STREET, WESTBOURNE, EMSWORTH, PO10 8SP - £250,000

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 RETREAT is a very small detached house of 69m², built sometime before 1900. It was last sold for £250,000 in June 2007, which was around 40% below the average June 2007 detached price in the Chichester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

THE RETREAT Sold Prices

Land registry data shows three sales for THE RETREAT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three THE RETREAT sales were for below 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
2007 21 JUN	£250,000	£419,031	40% below HPI
2001 23 MAR	£154,500	£223,284	31% below HPI
1997 30 APR	£73,000	£141,620	48% below HPI

THE RETREAT 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 three THE RETREAT sales between April 1997 and June 2007 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 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2007 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is THE RETREAT?

THE RETREAT is 69m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Westbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Westbourne, and where THE RETREAT lies on this distribution: 3% of detached houses are smaller than THE RETREAT, and 97% of houses are larger. Note that EPC data is not available for all properties in Westbourne.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of THE RETREAT, 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 RETREAT). 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 RETREAT?

THE RETREAT is located on NORTH STREET in WESTBOURNE, in the PO10 postcode district. The below map shows the position of THE RETREAT on NORTH STREET.