CEDAR WAY, HAMBROOK HILL NORTH, HAMBROOK, CHICHESTER, PO18 8UQ - £1,175,000

CEDAR WAY is a very large detached house of 295m². It was last sold for £1,175,000 in September 2019, which was around 96% above the average September 2019 detached price in the Chichester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was B.

CEDAR WAY Sold Prices

Land registry data shows two sales for CEDAR WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. One of the two CEDAR WAY sales was for above the average price, whilst the other 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
2019 6 SEP	£1,175,000	£598,523	96% above HPI
2015 8 MAY	£415,000	£501,047	17% below HPI

CEDAR WAY 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 two CEDAR WAY sales from May 2015 and September 2019 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 May 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2019 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is CEDAR WAY?

CEDAR WAY is 295m² according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses by size in Hambrook, and where CEDAR WAY lies on this distribution: 99% of detached houses are smaller than CEDAR WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Hambrook.

CEDAR WAY: Plot and Title Map

CEDAR WAY sits on a plot of roughly 1.1 acres, or 4,429m². The below map shows the location of CEDAR WAY, 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 CEDAR WAY). 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 CEDAR WAY?

CEDAR WAY is located on HAMBROOK HILL NORTH in HAMBROOK, in the PO18 postcode district. The below map shows the position of CEDAR WAY on HAMBROOK HILL NORTH.