56, CEDAR DRIVE, CHICHESTER, PO19 3EJ - £490,000

56 CEDAR DRIVE is a midsized detached house of 130m², built sometime between 1950 and 1966. It was last sold for £490,000 in April 2020, which was around 24% below the average April 2020 detached price in the Chichester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was B.

56 CEDAR DRIVE Sold Prices

Land registry data shows three sales for 56 CEDAR DRIVE 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 56 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
2020 24 APR	£490,000	£644,352	24% below HPI
2008 25 JUL	£360,000	£437,498	18% below HPI
2003 12 AUG	£260,000	£346,359	25% below HPI

56 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 three 56 CEDAR DRIVE sales between August 2003 and April 2020 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 July 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 56 CEDAR DRIVE?

56 CEDAR DRIVE is 130m² according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where 56 CEDAR DRIVE lies on this distribution: 60% of detached houses are smaller than 56 CEDAR DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Chichester.

56 CEDAR DRIVE: Plot and Title Map

56 CEDAR DRIVE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 56 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 56 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 56 CEDAR DRIVE?

56 CEDAR DRIVE is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 56 on CEDAR DRIVE.