THE STUDIO, TUDOR DRIVE, WESTERGATE, CHICHESTER, PO20 3YT - £300,000

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 STUDIO is a midsized extended detached house of 111m², built sometime between 1900 and 1929, which could now be worth an estimated £482,877. It was last sold for £300,000 in November 2013, which was around 16% below the average November 2013 detached price in the Arun local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

THE STUDIO Sold Prices

Land registry data shows two sales for THE STUDIO 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 STUDIO 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
2013 1 NOV	£300,000	£357,051	16% below HPI
1996 7 MAY	£68,000	£100,017	32% below HPI

THE STUDIO 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 STUDIO sales from May 1996 and November 2013 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 May 1996 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2013 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might THE STUDIO be worth now?

THE STUDIO might now be worth an estimated £482,877.

This is based on house price inflation of 61%, between November 2013 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61% inflationary increase is applied to the most recent sale price for THE STUDIO of £300,000 on 1st November 2013. For the value to have increased from £300,000 to £482,877 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of THE STUDIO has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2013 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of THE STUDIO has not materially changed since November 2013.

How Large is THE STUDIO?

THE STUDIO is 111m², which includes three extensions, according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westergate, and where THE STUDIO lies on this distribution: 42% of detached houses houses are smaller than THE STUDIO, and 58% of houses are larger. Note that EPC data is not available for all properties in Westergate.

THE STUDIO: Plot and Title Map

THE STUDIO sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of THE STUDIO, 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 STUDIO). 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 STUDIO?

THE STUDIO is located on TUDOR DRIVE in WESTERGATE, in the PO20 postcode district. The below map shows the position of THE STUDIO on TUDOR DRIVE.