GRASSMERE, LAMORNA GARDENS, WESTERGATE, CHICHESTER, PO20 3RL - £335,000

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.

GRASSMERE is a very small extended terraced house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £310,115. It was last sold for £335,000 in November 2022, which was around 13% above the average November 2022 terraced price in the Arun local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

GRASSMERE Sold Prices

Land registry data shows three sales for GRASSMERE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the three GRASSMERE 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 18 NOV	£335,000	£295,273	13% above HPI
2017 18 MAY	£245,000	£217,327	13% above HPI
2015 7 AUG	£230,000	£201,448	14% above HPI

GRASSMERE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Arun local authority area over time, sourced from the HPI. The three GRASSMERE sales between August 2015 and November 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 May 2017 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2022 sale, which was also at 13% above the HPI.

What might GRASSMERE be worth now?

GRASSMERE might now be worth an estimated £310,115.

This is based on house price deflation of 7.4%, between November 2022 and June 2025, for terraced 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 7.4% deflationary decrease is applied to the most recent sale price for GRASSMERE of £335,000 on 18th November 2022. For the value to have decreased from £335,000 to £310,115 over the three years and five months to June 2025, the following assumptions must hold true:

• The value of GRASSMERE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The November 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of GRASSMERE has not materially changed since November 2022.

How Large is GRASSMERE?

GRASSMERE is 87m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of terraced houses houses in Westergate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Westergate, and where GRASSMERE lies on this distribution: 18% of terraced houses houses are smaller than GRASSMERE, and 82% of houses are larger. Note that EPC data is not available for all properties in Westergate.

GRASSMERE: Plot and Title Map

GRASSMERE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of GRASSMERE, 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 GRASSMERE). 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 GRASSMERE?

GRASSMERE is located on LAMORNA GARDENS in WESTERGATE, in the PO20 postcode district. The below map shows the position of GRASSMERE on LAMORNA GARDENS.