DRIFTWOOD, BOSHAM LANE, BOSHAM, CHICHESTER, PO18 8HG - £75,000

DRIFTWOOD is a very large property of 424m². It was last sold for £75,000 in October 2022, which was around 90% below the average October 2022 detached price in the Chichester local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was B.

DRIFTWOOD Sold Prices

Land registry data shows four sales for DRIFTWOOD 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. Most of the four DRIFTWOOD 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
2022 3 OCT	£75,000	£732,511	90% below HPI
2016 29 JUN	£1,750,000	£545,635	221% above HPI
2014 15 JUL	£900,000	£481,532	87% above HPI
2007 7 SEP	£860,000	£438,029	96% above HPI

DRIFTWOOD 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 DRIFTWOOD sales between September 2007 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 June 2016 sale was for 221% above the HPI. So the extrapolation line tracks at 221% above the HPI over time, until the October 2022 sale, where it falls to 90% below the HPI. The line then continues to track at 90% below the HPI.

How Large is DRIFTWOOD?

DRIFTWOOD is 424m² according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses in Bosham, based on EPC data. The below chart shows the distribution of detached houses by size in Bosham, and where DRIFTWOOD lies on this distribution: 96% of detached houses are smaller than DRIFTWOOD, and 4% of houses are larger. Note that EPC data is not available for all properties in Bosham.

DRIFTWOOD: Plot and Title Map

DRIFTWOOD sits on a plot of roughly 0.627 of an acre, or 2,537m². The below map shows the location of DRIFTWOOD, 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 DRIFTWOOD). 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 DRIFTWOOD?

DRIFTWOOD is located on BOSHAM LANE in BOSHAM, in the PO18 postcode district. The below map shows the position of DRIFTWOOD on BOSHAM LANE.