BANFF, HOOK LANE, ALDINGBOURNE, CHICHESTER, PO20 3TE - £770,000

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.

BANFF is a very large extended detached house of 169m², built sometime between 1900 and 1929, which could now be worth an estimated £767,989. It was last sold for £770,000 in August 2022, which was around 35% above the average August 2022 detached price in the Arun local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

BANFF Sold Prices

Land registry data shows three sales for BANFF since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Two of the three BANFF sales were for above the average price, whilst one was 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
2022 30 AUG	£770,000	£571,569	35% above HPI
2015 13 NOV	£510,000	£414,294	23% above HPI
1998 28 AUG	£130,000	£132,738	2% below HPI

BANFF Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three BANFF sales between August 1998 and August 2022 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 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2022 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might BANFF be worth now?

BANFF might now be worth an estimated £767,989.

This is based on house price deflation of 0.3%, between August 2022 and October 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% deflationary decrease is applied to the most recent sale price for BANFF of £770,000 on 30th August 2022. For the value to have decreased from £770,000 to £767,989 over the two years and ten months to October 2025, the following assumptions must hold true:

• The value of BANFF has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2022 sale price of £770,000 represented a fair market value for the property.
• The size, condition, and specification of BANFF has not materially changed since August 2022.

How Large is BANFF?

BANFF is 169m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westergate, and where BANFF lies on this distribution: 92% of detached houses houses are smaller than BANFF, and 8% of houses are larger. Note that EPC data is not available for all properties in Westergate.

BANFF: Plot and Title Map

BANFF sits on a plot of roughly 0.330 of an acre, or 1,336m². The below map shows the location of BANFF, 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 BANFF). 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 BANFF?

BANFF is located on HOOK LANE in ALDINGBOURNE, in the PO20 postcode district. The below map shows the position of BANFF on HOOK LANE.