2, BALMORAL CLOSE, CHICHESTER, PO19 7XQ - £230,000

2 BALMORAL CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £230,000 in March 2013, which was around 48% below the average March 2013 detached price in the Chichester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

2 BALMORAL CLOSE Sold Prices

Land registry data shows four sales for 2 BALMORAL CLOSE 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 2 BALMORAL CLOSE 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
2013 11 MAR	£230,000	£441,299	48% below HPI
2006 6 JUN	£222,000	£390,272	43% below HPI
2004 1 JUN	£206,000	£341,372	40% below HPI
1998 28 JUL	£99,950	£168,864	41% below HPI

2 BALMORAL 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 four 2 BALMORAL CLOSE sales between July 1998 and March 2013 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2013 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2 BALMORAL CLOSE?

2 BALMORAL CLOSE is 77m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where 2 BALMORAL CLOSE lies on this distribution: 9% of detached houses are smaller than 2 BALMORAL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Chichester.

2 BALMORAL CLOSE: Plot and Title Map

2 BALMORAL CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 2 BALMORAL 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 2 BALMORAL 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 2 BALMORAL CLOSE?

2 BALMORAL CLOSE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 2 on BALMORAL CLOSE.