PACKWOOD, CREDE CLOSE, BOSHAM, CHICHESTER, PO18 8NZ - £675,000

PACKWOOD is a very small detached house of 103m², built sometime between 1950 and 1966. It was last sold for £675,000 in December 2022, which was around 7% below the average December 2022 detached price in the Chichester local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

PACKWOOD Sold Prices

Land registry data shows three sales for PACKWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three PACKWOOD 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 2 DEC	£675,000	£722,642	7% below HPI
2013 2 AUG	£442,000	£450,025	2% below HPI
2009 18 JUN	£350,000	£368,498	5% below HPI

PACKWOOD 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 three PACKWOOD sales between June 2009 and December 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 August 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is PACKWOOD?

PACKWOOD is 103m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Bosham, based on EPC data. The below chart shows the distribution of detached houses by size in Bosham, and where PACKWOOD lies on this distribution: 12% of detached houses are smaller than PACKWOOD, and 87% of houses are larger. Note that EPC data is not available for all properties in Bosham.

PACKWOOD: Plot and Title Map

PACKWOOD sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of PACKWOOD, 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 PACKWOOD). 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 PACKWOOD?

PACKWOOD is located on CREDE CLOSE in BOSHAM, in the PO18 postcode district. The below map shows the position of PACKWOOD on CREDE CLOSE.