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

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.

WATERSEDGE is a small detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £821,490. It was last sold for £690,000 in August 2017, which was around 15% 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	£602,050	15% above HPI
2005 22 SEP	£395,000	£383,492	3% above HPI
2003 13 JAN	£395,000	£324,950	22% above HPI
1999 9 JUL	£142,000	£185,771	24% 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 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2017 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might WATERSEDGE be worth now?

WATERSEDGE might now be worth an estimated £821,490.

This is based on house price inflation of 19.1%, between August 2017 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 19.1% inflationary increase is applied to the most recent sale price for WATERSEDGE of £690,000 on 3rd August 2017. For the value to have increased from £690,000 to £821,490 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of WATERSEDGE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The August 2017 sale price of £690,000 represented a fair market value for the property.
• The size, condition, and specification of WATERSEDGE has not materially changed since August 2017.

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 houses in West Ashling, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Ashling, and where WATERSEDGE lies on this distribution: 35% of detached houses 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.