PIPIT WOOD, HARBOUR WAY, BOSHAM, CHICHESTER, PO18 8QH - £1,685,450

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.

PIPIT WOOD is a very large extended detached house of 304m², built sometime between 1976 and 1982, which could now be worth an estimated £1,879,446. It was last sold for £1,685,450 in July 2018, which was around 176% above the average July 2018 detached price in the Chichester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was C.

PIPIT WOOD Sold Prices

Land registry data shows three sales for PIPIT WOOD 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 PIPIT WOOD 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
2018 31 JUL	£1,685,450	£610,416	176% above HPI
2009 2 NOV	£950,000	£426,799	123% above HPI
2001 15 OCT	£770,000	£264,568	191% above HPI

PIPIT WOOD 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 PIPIT WOOD sales between October 2001 and July 2018 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 November 2009 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the July 2018 sale, where it rises to 176% above the HPI. The line then continues to track at 176% above the HPI.

What might PIPIT WOOD be worth now?

PIPIT WOOD might now be worth an estimated £1,879,446.

This is based on house price inflation of 11.5%, between July 2018 and June 2025, for detached 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 11.5% inflationary increase is applied to the most recent sale price for PIPIT WOOD of £1,685,450 on 31st July 2018. For the value to have increased from £1,685,450 to £1,879,446 over the seven years and one month to June 2025, the following assumptions must hold true:

• The value of PIPIT WOOD has moved in line with the HPI for detached houses in the Chichester local authority area.
• The July 2018 sale price of £1,685,450 represented a fair market value for the property.
• The size, condition, and specification of PIPIT WOOD has not materially changed since July 2018.

How Large is PIPIT WOOD?

PIPIT WOOD is 304m², which includes four extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses houses in Bosham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bosham, and where PIPIT WOOD lies on this distribution: 93% of detached houses houses are smaller than PIPIT WOOD, and 7% of houses are larger. Note that EPC data is not available for all properties in Bosham.

PIPIT WOOD: Plot and Title Map

PIPIT WOOD sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of PIPIT WOOD, 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 PIPIT WOOD). 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 PIPIT WOOD?

PIPIT WOOD is located on HARBOUR WAY in BOSHAM, in the PO18 postcode district. The below map shows the position of PIPIT WOOD on HARBOUR WAY.