20, NICOLSON CLOSE, TANGMERE, CHICHESTER, PO20 2LA - £250,000

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.

20 NICOLSON CLOSE is a detached house, which could now be worth an estimated £461,985. It was last sold for £250,000 in May 2005, which was around 33% below the average May 2005 detached price in the Chichester local authority area.

20 NICOLSON CLOSE Sold Prices

Land registry data shows two sales for 20 NICOLSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two 20 NICOLSON CLOSE 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
2005 6 MAY	£250,000	£375,069	33% below HPI
2001 20 DEC	£205,000	£263,068	22% below HPI

What might 20 NICOLSON CLOSE be worth now?

20 NICOLSON CLOSE might now be worth an estimated £461,985.

This is based on house price inflation of 84.8%, between May 2005 and May 2026, 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 84.8% inflationary increase is applied to the most recent sale price for 20 NICOLSON CLOSE of £250,000 on 6th May 2005. For the value to have increased from £250,000 to £461,985 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 20 NICOLSON CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The May 2005 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 20 NICOLSON CLOSE has not materially changed since May 2005.

Where is 20 NICOLSON CLOSE?

20 NICOLSON CLOSE is located in TANGMERE, in the PO20 postcode district.