2, SPRINGBANK, CHICHESTER, PO19 6BX - £635,000

2 SPRINGBANK is a very small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £635,000 in September 2021, which was around 4% below the average September 2021 detached price in the Chichester local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

2 SPRINGBANK Sold Prices

Land registry data shows three sales for 2 SPRINGBANK 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. All of the three 2 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
2021 28 SEP	£635,000	£663,775	4% below HPI
2016 9 AUG	£535,000	£573,899	7% below HPI
2014 31 JAN	£337,500	£450,143	25% below HPI

2 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 three 2 SPRINGBANK sales between January 2014 and September 2021 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 August 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 2 SPRINGBANK?

2 SPRINGBANK is 90m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% 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 SPRINGBANK lies on this distribution: 19% of detached houses are smaller than 2 SPRINGBANK, and 79% of houses are larger. Note that EPC data is not available for all properties in Chichester.

2 SPRINGBANK: Plot and Title Map

2 SPRINGBANK sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 2 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 2 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 2 SPRINGBANK?

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