5, MILL CLOSE, CHICHESTER, PO19 3JW - £556,500

5 MILL CLOSE is a large extended detached house of 150m², built sometime between 1950 and 1966. It was last sold for £556,500 in November 2021, which was around 20% below the average November 2021 detached price in the Chichester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

5 MILL CLOSE Sold Prices

Land registry data shows two sales for 5 MILL CLOSE 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 5 MILL 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
2021 26 NOV	£556,500	£693,114	20% below HPI
2016 24 NOV	£465,000	£560,546	17% below HPI

5 MILL 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 two 5 MILL CLOSE sales from November 2016 and November 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 November 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 MILL CLOSE?

5 MILL CLOSE is 150m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Fishbourne, and where 5 MILL CLOSE lies on this distribution: 79% of detached houses are smaller than 5 MILL CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

5 MILL CLOSE: Plot and Title Map

5 MILL CLOSE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 5 MILL 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 5 MILL 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 5 MILL CLOSE?

5 MILL CLOSE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 5 on MILL CLOSE.