WATERSEDGE, THE GARDENS, WEST ASHLING, CHICHESTER, PO18 8DX - £690,000

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

WATERSEDGE is a small detached house of 137m², built sometime between 1950 and 1966. It was last sold for £690,000 in August 2017, which was around 17% above the average August 2017 detached price in the Chichester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

WATERSEDGE Sold Prices

Land registry data shows four sales for WATERSEDGE 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. Most of the four WATERSEDGE 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
2017 3 AUG	£690,000	£589,156	17% above HPI
2005 22 SEP	£395,000	£375,279	5% above HPI
2003 13 JAN	£395,000	£317,991	24% above HPI
1999 9 JUL	£142,000	£181,793	22% below HPI

WATERSEDGE 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 WATERSEDGE sales between July 1999 and August 2017 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 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2017 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is WATERSEDGE?

WATERSEDGE is 137m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses in West Ashling, based on EPC data. The below chart shows the distribution of detached houses by size in West Ashling, and where WATERSEDGE lies on this distribution: 35% of detached houses are smaller than WATERSEDGE, and 62% of houses are larger. Note that EPC data is not available for all properties in West Ashling.

WATERSEDGE: Plot and Title Map

WATERSEDGE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of WATERSEDGE, 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 WATERSEDGE). 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 WATERSEDGE?

WATERSEDGE is located on THE GARDENS in WEST ASHLING, in the PO18 postcode district. The below map shows the position of WATERSEDGE on THE GARDENS.