40, CEDAR DRIVE, CHICHESTER, PO19 3EQ - £410,000

40 CEDAR DRIVE is a very small detached house of 77m², built sometime between 1930 and 1949. It was last sold for £410,000 in December 2015, which was around 25% below the average December 2015 detached price in the Chichester local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

40 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 40 CEDAR DRIVE 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 40 CEDAR 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
2015 10 DEC	£410,000	£545,938	25% below HPI
2000 31 AUG	£165,000	£225,016	27% below HPI

40 CEDAR DRIVE 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 40 CEDAR DRIVE sales from August 2000 and December 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 August 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 CEDAR DRIVE?

40 CEDAR DRIVE is 77m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where 40 CEDAR DRIVE lies on this distribution: 9% of detached houses are smaller than 40 CEDAR DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Chichester.

40 CEDAR DRIVE: Plot and Title Map

40 CEDAR DRIVE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 40 CEDAR 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 40 CEDAR 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 40 CEDAR DRIVE?

40 CEDAR DRIVE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 40 on CEDAR DRIVE.