TRADE WINDS, LEVEL MARE LANE, EASTERGATE, CHICHESTER, PO20 3SA - £835,000

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.

TRADE WINDS is a very large detached house of 235m², built sometime between 1996 and 2002, which could now be worth an estimated £1,110,632. It was last sold for £835,000 in August 2016, which was around 93% above the average August 2016 detached price in the Arun local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.

TRADE WINDS Sold Prices

Land registry data shows three sales for TRADE WINDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Two of the three TRADE WINDS sales were for above the average price, whilst one was 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
2016 10 AUG	£835,000	£432,078	93% above HPI
2005 22 DEC	£492,500	£298,801	65% above HPI
2001 1 MAR	£180,000	£185,647	3% below HPI

TRADE WINDS 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 three TRADE WINDS sales between March 2001 and August 2016 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 December 2005 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the August 2016 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might TRADE WINDS be worth now?

TRADE WINDS might now be worth an estimated £1,110,632.

This is based on house price inflation of 33%, between August 2016 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 33% inflationary increase is applied to the most recent sale price for TRADE WINDS of £835,000 on 10th August 2016. For the value to have increased from £835,000 to £1,110,632 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of TRADE WINDS has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2016 sale price of £835,000 represented a fair market value for the property.
• The size, condition, and specification of TRADE WINDS has not materially changed since August 2016.

How Large is TRADE WINDS?

TRADE WINDS is 235m² according to the EPC inspection conducted in July 2024. This puts it in the largest 10% of detached houses houses in Fontwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fontwell, and where TRADE WINDS lies on this distribution: 91% of detached houses houses are smaller than TRADE WINDS, and 9% of houses are larger. Note that EPC data is not available for all properties in Fontwell.

TRADE WINDS: Plot and Title Map

TRADE WINDS sits on a plot of roughly 0.243 of an acre, or 984m². The below map shows the location of TRADE WINDS, 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 TRADE WINDS). 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 TRADE WINDS?

TRADE WINDS is located on LEVEL MARE LANE in EASTERGATE, in the PO20 postcode district. The below map shows the position of TRADE WINDS on LEVEL MARE LANE.