CARAVELA, PETWORTH ROAD, WISBOROUGH GREEN, BILLINGSHURST, RH14 0BJ - £620,000

CARAVELA is a small detached house of 125m², built sometime between 1967 and 1975. It was last sold for £620,000 in October 2022, which was around 15% below the average October 2022 detached price in the Chichester local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

CARAVELA Sold Prices

Land registry data shows four sales for CARAVELA 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 CARAVELA 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
2022 21 OCT	£620,000	£732,511	15% below HPI
2016 14 OCT	£450,000	£564,995	20% below HPI
2013 18 DEC	£385,000	£456,544	16% below HPI
2012 8 FEB	£297,500	£418,458	29% below HPI

CARAVELA 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 CARAVELA sales between February 2012 and October 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 October 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is CARAVELA?

CARAVELA is 125m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Wisborough Green, based on EPC data. The below chart shows the distribution of detached houses by size in Wisborough Green, and where CARAVELA lies on this distribution: 30% of detached houses are smaller than CARAVELA, and 67% of houses are larger. Note that EPC data is not available for all properties in Wisborough Green.

CARAVELA: Plot and Title Map

CARAVELA sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of CARAVELA, 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 CARAVELA). 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 CARAVELA?

CARAVELA is located on PETWORTH ROAD in WISBOROUGH GREEN, in the RH14 postcode district. The below map shows the position of CARAVELA on PETWORTH ROAD.