5, PRIORY CLOSE, BOXGROVE, CHICHESTER, PO18 0EA - £575,000

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.

5 PRIORY CLOSE is a large extended detached house of 132m², built sometime between 1950 and 1966, which could now be worth an estimated £651,605. It was last sold for £575,000 in September 2019, which was around 6% below the average September 2019 detached price in the Chichester local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

5 PRIORY CLOSE Sold Prices

Land registry data shows four sales for 5 PRIORY 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. two of the four 5 PRIORY CLOSE sales were for below the average price, and four were for above 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
2019 17 SEP	£575,000	£611,621	6% below HPI
2010 22 NOV	£450,000	£453,305	1% below HPI
2002 31 OCT	£355,000	£316,473	12% above HPI
1995 30 MAR	£135,000	£130,942	3% above HPI

5 PRIORY 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 5 PRIORY CLOSE sales between March 1995 and September 2019 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 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 5 PRIORY CLOSE be worth now?

5 PRIORY CLOSE might now be worth an estimated £651,605.

This is based on house price inflation of 13.3%, between September 2019 and May 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 13.3% inflationary increase is applied to the most recent sale price for 5 PRIORY CLOSE of £575,000 on 17th September 2019. For the value to have increased from £575,000 to £651,605 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 5 PRIORY CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The September 2019 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PRIORY CLOSE has not materially changed since September 2019.

How Large is 5 PRIORY CLOSE?

5 PRIORY CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses houses in Boxgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boxgrove, and where 5 PRIORY CLOSE lies on this distribution: 62% of detached houses houses are smaller than 5 PRIORY CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Boxgrove.

5 PRIORY CLOSE: Plot and Title Map

5 PRIORY CLOSE sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of 5 PRIORY 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 PRIORY 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 PRIORY CLOSE?

5 PRIORY CLOSE is located in BOXGROVE, in the PO18 postcode district. The below map shows the position of No. 5 on PRIORY CLOSE.