THE WATERFRONT, EAST BRACKLESHAM DRIVE, BRACKLESHAM BAY, CHICHESTER, PO20 8JW - £2,475,000

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 WATERFRONT is a very large extended detached house of 284m², built sometime between 2007 and 2011, which could now be worth an estimated £2,581,317. It was last sold for £2,475,000 in May 2022, which was around 260% above the average May 2022 detached price in the Chichester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was B.

THE WATERFRONT Sold Prices

Land registry data shows four sales for THE WATERFRONT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. two of the four THE WATERFRONT sales were for above the average price, and four 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
2022 25 MAY	£2,475,000	£687,258	260% above HPI
2012 28 JUN	£1,300,000	£451,020	188% above HPI
2011 29 JUL	£425,000	£452,091	6% below HPI
2006 21 MAR	£310,000	£373,596	17% below HPI

THE WATERFRONT 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 four THE WATERFRONT sales between March 2006 and May 2022 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 June 2012 sale was for 188% above the HPI. So the extrapolation line tracks at 188% above the HPI over time, until the May 2022 sale, where it rises to 260% above the HPI. The line then continues to track at 260% above the HPI.

What might THE WATERFRONT be worth now?

THE WATERFRONT might now be worth an estimated £2,581,317.

This is based on house price inflation of 4.3%, between May 2022 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 4.3% inflationary increase is applied to the most recent sale price for THE WATERFRONT of £2,475,000 on 25th May 2022. For the value to have increased from £2,475,000 to £2,581,317 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of THE WATERFRONT has moved in line with the HPI for detached houses in the Chichester local authority area.
• The May 2022 sale price of £2,475,000 represented a fair market value for the property.
• The size, condition, and specification of THE WATERFRONT has not materially changed since May 2022.

How Large is THE WATERFRONT?

THE WATERFRONT is 284m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Wittering, and where THE WATERFRONT lies on this distribution: 99% of detached houses houses are smaller than THE WATERFRONT, and 1% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

THE WATERFRONT: Plot and Title Map

THE WATERFRONT sits on a plot of roughly 0.302 of an acre, or 1,222m². The below map shows the location of THE WATERFRONT, 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 WATERFRONT). 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 WATERFRONT?

THE WATERFRONT is located on EAST BRACKLESHAM DRIVE in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of THE WATERFRONT on EAST BRACKLESHAM DRIVE.