REDRIDGE COTTAGE, WESTERGATE STREET, WESTERGATE, CHICHESTER, PO20 3QU - £320,000

REDRIDGE COTTAGE is a small extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £320,000 in August 2020, which was around 30% below the average August 2020 detached price in the Arun local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

REDRIDGE COTTAGE Sold Prices

Land registry data shows three sales for REDRIDGE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three REDRIDGE COTTAGE 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
2020 11 AUG	£320,000	£455,918	30% below HPI
2019 13 DEC	£400,000	£454,191	12% below HPI
2006 6 JUN	£249,950	£292,463	15% below HPI

REDRIDGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three REDRIDGE COTTAGE sales between June 2006 and August 2020 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 December 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is REDRIDGE COTTAGE?

REDRIDGE COTTAGE is 106m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses by size in Westergate, and where REDRIDGE COTTAGE lies on this distribution: 34% of detached houses are smaller than REDRIDGE COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Westergate.

REDRIDGE COTTAGE: Plot and Title Map

REDRIDGE COTTAGE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of REDRIDGE 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 REDRIDGE 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 REDRIDGE COTTAGE?

REDRIDGE COTTAGE is located on WESTERGATE STREET in WESTERGATE, in the PO20 postcode district. The below map shows the position of REDRIDGE COTTAGE on WESTERGATE STREET.