NEW MILL COTTAGE, MILL LANE, SIDLESHAM, CHICHESTER, PO20 7LU - £350,000

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.

NEW MILL COTTAGE is a small terraced house of 118m², built sometime between 1900 and 1929, which could now be worth an estimated £498,117. It was last sold for £350,000 in May 2015, which was around 37% above the average May 2015 terraced price in the Chichester local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

NEW MILL COTTAGE Sold Prices

Land registry data shows two sales for NEW MILL COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chichester local authority area for the corresponding sale date. Both of the two NEW MILL COTTAGE 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
2015 29 MAY	£350,000	£255,735	37% above HPI
2014 28 MAR	£327,500	£238,299	37% above HPI

NEW MILL COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chichester local authority area over time, sourced from the HPI. The two NEW MILL COTTAGE sales from March 2014 and May 2015 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 March 2014 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2015 sale, which was also at 37% above the HPI.

What might NEW MILL COTTAGE be worth now?

NEW MILL COTTAGE might now be worth an estimated £498,117.

This is based on house price inflation of 42.3%, between May 2015 and August 2025, for terraced houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.3% inflationary increase is applied to the most recent sale price for NEW MILL COTTAGE of £350,000 on 29th May 2015. For the value to have increased from £350,000 to £498,117 over the nine years and nine months to August 2025, the following assumptions must hold true:

• The value of NEW MILL COTTAGE has moved in line with the HPI for terraced houses in the Chichester local authority area.
• The May 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of NEW MILL COTTAGE has not materially changed since May 2015.

How Large is NEW MILL COTTAGE?

NEW MILL COTTAGE is 118m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 30% of terraced houses houses in Sidlesham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sidlesham, and where NEW MILL COTTAGE lies on this distribution: 29% of terraced houses houses are smaller than NEW MILL COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Sidlesham.

NEW MILL COTTAGE: Plot and Title Map

NEW MILL COTTAGE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of NEW MILL COTTAGE, 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 NEW MILL COTTAGE). 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 NEW MILL COTTAGE?

NEW MILL COTTAGE is located on MILL LANE in SIDLESHAM, in the PO20 postcode district. The below map shows the position of NEW MILL COTTAGE on MILL LANE.