39, NICOLSON CLOSE, TANGMERE, CHICHESTER, PO20 2LA - £410,000

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.

39 NICOLSON CLOSE is a small detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £382,713. It was last sold for £410,000 in September 2023, which was around 44% below the average September 2023 detached price in the Chichester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

39 NICOLSON CLOSE Sold Prices

Land registry data shows four sales for 39 NICOLSON 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 39 NICOLSON 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
2023 15 SEP	£410,000	£726,975	44% below HPI
2007 17 SEP	£300,000	£447,615	33% below HPI
2005 28 MAY	£250,000	£375,069	33% below HPI
2001 19 DEC	£220,000	£263,068	16% below HPI

39 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 four 39 NICOLSON CLOSE sales between December 2001 and September 2023 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 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 39 NICOLSON CLOSE be worth now?

39 NICOLSON CLOSE might now be worth an estimated £382,713.

This is based on house price deflation of 6.7%, between September 2023 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 6.7% deflationary decrease is applied to the most recent sale price for 39 NICOLSON CLOSE of £410,000 on 15th September 2023. For the value to have decreased from £410,000 to £382,713 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of 39 NICOLSON CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The September 2023 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 39 NICOLSON CLOSE has not materially changed since September 2023.

How Large is 39 NICOLSON CLOSE?

39 NICOLSON CLOSE is 107m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tangmere, and where 39 NICOLSON CLOSE lies on this distribution: 37% of detached houses houses are smaller than 39 NICOLSON CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

39 NICOLSON CLOSE: Plot and Title Map

39 NICOLSON CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 39 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 39 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 39 NICOLSON CLOSE?

39 NICOLSON CLOSE is located in TANGMERE, in the PO20 postcode district. The below map shows the position of No. 39 on NICOLSON CLOSE.