2, SHEPHERDS CLOSE, HAMBROOK, CHICHESTER, PO18 8FD - £482,500

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.

2 SHEPHERDS CLOSE is a midsized extended detached house of 130m², built sometime between 2003 and 2006, which could now be worth an estimated £540,004. It was last sold for £482,500 in October 2019, which was around 20% below the average October 2019 detached price in the Chichester local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

2 SHEPHERDS CLOSE Sold Prices

Land registry data shows two sales for 2 SHEPHERDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two 2 SHEPHERDS 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
2019 4 OCT	£482,500	£606,330	20% below HPI
1999 23 SEP	£188,995	£200,860	6% below HPI

2 SHEPHERDS 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 two 2 SHEPHERDS CLOSE sales from September 1999 and October 2019 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 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 SHEPHERDS CLOSE be worth now?

2 SHEPHERDS CLOSE might now be worth an estimated £540,004.

This is based on house price inflation of 11.9%, between October 2019 and April 2026, 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 11.9% inflationary increase is applied to the most recent sale price for 2 SHEPHERDS CLOSE of £482,500 on 4th October 2019. For the value to have increased from £482,500 to £540,004 over the seven years and six months to April 2026, the following assumptions must hold true:

• The value of 2 SHEPHERDS CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The October 2019 sale price of £482,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SHEPHERDS CLOSE has not materially changed since October 2019.

How Large is 2 SHEPHERDS CLOSE?

2 SHEPHERDS CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hambrook, and where 2 SHEPHERDS CLOSE lies on this distribution: 41% of detached houses houses are smaller than 2 SHEPHERDS CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Hambrook.

2 SHEPHERDS CLOSE: Plot and Title Map

2 SHEPHERDS CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 2 SHEPHERDS 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 SHEPHERDS 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 SHEPHERDS CLOSE?

2 SHEPHERDS CLOSE is located in HAMBROOK, in the PO18 postcode district. The below map shows the position of No. 2 on SHEPHERDS CLOSE.