8, THE CLOSE, IFOLD, BILLINGSHURST, RH14 0TP - £830,000

8 THE CLOSE is a very large extended detached house of 278m², built sometime between 1996 and 2002. It was last sold for £830,000 in June 2018, which was around 41% above the average June 2018 detached price in the Chichester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

8 THE CLOSE Sold Prices

Land registry data shows four sales for 8 THE 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. All of the four 8 THE 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
2018 25 JUN	£830,000	£589,151	41% above HPI
2014 14 AUG	£795,000	£489,090	63% above HPI
2006 3 NOV	£625,000	£399,806	56% above HPI
1997 7 AUG	£254,000	£156,616	62% above HPI

8 THE 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 8 THE CLOSE sales between August 1997 and June 2018 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 2014 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the June 2018 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 8 THE CLOSE?

8 THE CLOSE is 278m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where 8 THE CLOSE lies on this distribution: 92% of detached houses are smaller than 8 THE CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Ifold.

8 THE CLOSE: Plot and Title Map

8 THE CLOSE sits on a plot of roughly 0.332 of an acre, or 1,342m². The below map shows the location of 8 THE 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 8 THE 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 8 THE CLOSE?

8 THE CLOSE is located in IFOLD, in the RH14 postcode district. The below map shows the position of No. 8 on THE CLOSE.