5, WILLOWMEAD CLOSE, RUNCTON, CHICHESTER, PO20 1NH - £475,000

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 WILLOWMEAD CLOSE is a large detached house of 176m², built sometime between 2003 and 2006, which could now be worth an estimated £693,025. It was last sold for £475,000 in December 2013, which was around 2% above the average December 2013 detached price in the Chichester local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

5 WILLOWMEAD CLOSE Sold Prices

Land registry data shows three sales for 5 WILLOWMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 5 WILLOWMEAD CLOSE sales 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
2013 11 DEC	£475,000	£466,535	2% above HPI
2005 30 JUN	£435,000	£382,983	14% above HPI
2004 8 APR	£410,000	£358,606	14% above HPI

5 WILLOWMEAD 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 three 5 WILLOWMEAD CLOSE sales between April 2004 and December 2013 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 June 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2013 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 5 WILLOWMEAD CLOSE be worth now?

5 WILLOWMEAD CLOSE might now be worth an estimated £693,025.

This is based on house price inflation of 45.9%, between December 2013 and June 2025, 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 45.9% inflationary increase is applied to the most recent sale price for 5 WILLOWMEAD CLOSE of £475,000 on 11th December 2013. For the value to have increased from £475,000 to £693,025 over the twelve years and six months to June 2025, the following assumptions must hold true:

• The value of 5 WILLOWMEAD CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The December 2013 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WILLOWMEAD CLOSE has not materially changed since December 2013.

How Large is 5 WILLOWMEAD CLOSE?

5 WILLOWMEAD CLOSE is 176m² according to the EPC inspection conducted in August 2013. This puts it in the largest 40% of detached houses houses in Runcton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Runcton, and where 5 WILLOWMEAD CLOSE lies on this distribution: 60% of detached houses houses are smaller than 5 WILLOWMEAD CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Runcton.

5 WILLOWMEAD CLOSE: Plot and Title Map

5 WILLOWMEAD CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 5 WILLOWMEAD 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 WILLOWMEAD 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 WILLOWMEAD CLOSE?

5 WILLOWMEAD CLOSE is located in RUNCTON, in the PO20 postcode district. The below map shows the position of No. 5 on WILLOWMEAD CLOSE.