16, NICOLSON CLOSE, TANGMERE, CHICHESTER, PO20 2LA - £444,000

16 NICOLSON CLOSE is a very large detached house of 162m², built sometime between 1996 and 2002. It was last sold for £444,000 in January 2018, which was around 24% below the average January 2018 detached price in the Chichester local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

16 NICOLSON CLOSE Sold Prices

Land registry data shows three sales for 16 NICOLSON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. The three 16 NICOLSON CLOSE sales were a mix of below the average price, and roughly equal to 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 5 JAN	£444,000	£583,137	24% below HPI
2006 22 JUN	£325,000	£390,272	17% below HPI
2002 29 AUG	£290,000	£290,420	Close to HPI

16 NICOLSON CLOSE 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 three 16 NICOLSON CLOSE sales between August 2002 and January 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 June 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 16 NICOLSON CLOSE?

16 NICOLSON CLOSE is 162m² according to the EPC inspection conducted in January 2017. This puts it in the largest 20% of detached houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses by size in Tangmere, and where 16 NICOLSON CLOSE lies on this distribution: 87% of detached houses are smaller than 16 NICOLSON CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

16 NICOLSON CLOSE: Plot and Title Map

16 NICOLSON CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 16 NICOLSON CLOSE, 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 16 NICOLSON CLOSE). 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 16 NICOLSON CLOSE?

16 NICOLSON CLOSE is located in TANGMERE, in the PO20 postcode district. The below map shows the position of No. 16 on NICOLSON CLOSE.