10, SPRINGBANK, CHICHESTER, PO19 6BX - £695,000

10 SPRINGBANK is a midsized extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £695,000 in July 2022, which was around 7% below the average July 2022 detached price in the Chichester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

10 SPRINGBANK Sold Prices

Land registry data shows four sales for 10 SPRINGBANK 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. All of the four 10 SPRINGBANK sales 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 15 JUL	£695,000	£743,933	7% below HPI
2019 9 JUL	£560,000	£596,989	6% below HPI
2006 8 SEP	£340,000	£406,757	16% below HPI
2003 24 OCT	£260,000	£345,496	25% below HPI

10 SPRINGBANK 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 10 SPRINGBANK sales between October 2003 and July 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 July 2019 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 10 SPRINGBANK?

10 SPRINGBANK is 119m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where 10 SPRINGBANK lies on this distribution: 48% of detached houses are smaller than 10 SPRINGBANK, and 51% of houses are larger. Note that EPC data is not available for all properties in Chichester.

10 SPRINGBANK: Plot and Title Map

10 SPRINGBANK sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 10 SPRINGBANK, 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 10 SPRINGBANK). 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 10 SPRINGBANK?

10 SPRINGBANK is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 10 on SPRINGBANK.