3, SPRINGBANK, CHICHESTER, PO19 6BX - £420,000

3 SPRINGBANK is a very small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £420,000 in October 2015, which was around 22% below the average October 2015 detached price in the Chichester local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

3 SPRINGBANK Sold Prices

Land registry data shows five sales for 3 SPRINGBANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the five 3 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
2015 6 OCT	£420,000	£535,382	22% below HPI
2005 3 NOV	£249,950	£379,671	34% below HPI
2002 5 JUN	£229,950	£271,972	15% below HPI
1999 9 SEP	£139,000	£196,558	29% below HPI
1999 9 MAR	£90,750	£175,087	48% below HPI

3 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 five 3 SPRINGBANK sales between March 1999 and October 2015 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 November 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 SPRINGBANK?

3 SPRINGBANK is 90m² according to the EPC inspection conducted in July 2023. 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 3 SPRINGBANK lies on this distribution: 19% of detached houses are smaller than 3 SPRINGBANK, and 79% of houses are larger. Note that EPC data is not available for all properties in Chichester.

3 SPRINGBANK: Plot and Title Map

3 SPRINGBANK sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 3 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 3 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 3 SPRINGBANK?

3 SPRINGBANK is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 3 on SPRINGBANK.