WOODGATE FARM, WESTERGATE STREET, WOODGATE, CHICHESTER, PO20 3SS - £395,000

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

WOODGATE FARM is a large extended detached house of 131m², built sometime before 1900. It was last sold for £395,000 in September 2018, which was around 15% below the average September 2018 detached price in the Arun local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

WOODGATE FARM Sold Prices

Land registry data shows two sales for WOODGATE FARM 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. One of the two WOODGATE FARM sales was for below the average price, whilst the other was 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
2018 13 SEP	£395,000	£462,060	15% below HPI
2017 14 FEB	£510,000	£429,001	19% above HPI

WOODGATE FARM 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 WOODGATE FARM sales from February 2017 and September 2018 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 February 2017 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is WOODGATE FARM?

WOODGATE FARM is 131m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses by size in Westergate, and where WOODGATE FARM lies on this distribution: 67% of detached houses are smaller than WOODGATE FARM, and 33% of houses are larger. Note that EPC data is not available for all properties in Westergate.

WOODGATE FARM: Plot and Title Map

WOODGATE FARM sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of WOODGATE FARM, 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 WOODGATE FARM). 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 WOODGATE FARM?

WOODGATE FARM is located on WESTERGATE STREET in WOODGATE, in the PO20 postcode district. The below map shows the position of WOODGATE FARM on WESTERGATE STREET.