4, WINDMILL DRIVE, TANGMERE, CHICHESTER, PO20 2AP - £192,500

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.

4 WINDMILL DRIVE is a very small terraced house of 17m², which could now be worth an estimated £261,707. It was last sold for £192,500 in November 2014, which was around 25% below the average November 2014 terraced price in the Chichester local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was B.

4 WINDMILL DRIVE Sold Prices

Land registry data shows two sales for 4 WINDMILL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chichester local authority area for the corresponding sale date. Both of the two 4 WINDMILL DRIVE 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
2014 28 NOV	£192,500	£256,107	25% below HPI
2010 17 DEC	£185,000	£219,432	16% below HPI

4 WINDMILL DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chichester local authority area over time, sourced from the HPI. The two 4 WINDMILL DRIVE sales from December 2010 and November 2014 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 December 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 WINDMILL DRIVE be worth now?

4 WINDMILL DRIVE might now be worth an estimated £261,707.

This is based on house price inflation of 36%, between November 2014 and May 2026, for terraced 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 36% inflationary increase is applied to the most recent sale price for 4 WINDMILL DRIVE of £192,500 on 28th November 2014. For the value to have increased from £192,500 to £261,707 over the twelve years and six months to May 2026, the following assumptions must hold true:

• The value of 4 WINDMILL DRIVE has moved in line with the HPI for terraced houses in the Chichester local authority area.
• The November 2014 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 4 WINDMILL DRIVE has not materially changed since November 2014.

How Large is 4 WINDMILL DRIVE?

4 WINDMILL DRIVE is 17m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of terraced houses houses in Tangmere, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tangmere, and where 4 WINDMILL DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 4 WINDMILL DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

4 WINDMILL DRIVE: Plot and Title Map

4 WINDMILL DRIVE sits on a plot of roughly 0.017 of an acre, or 67m². The below map shows the location of 4 WINDMILL DRIVE, 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 4 WINDMILL DRIVE). 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 4 WINDMILL DRIVE?

4 WINDMILL DRIVE is located in TANGMERE, in the PO20 postcode district. The below map shows the position of No. 4 on WINDMILL DRIVE.