40, NICOLSON CLOSE, TANGMERE, CHICHESTER, PO20 2LA - £210,000

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.

40 NICOLSON CLOSE is a small extended detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £558,088. It was last sold for £210,000 in January 2002, which was around 19% below the average January 2002 detached price in the Chichester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

40 NICOLSON CLOSE Sold Prices

Land registry data shows one sale for 40 NICOLSON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Chichester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 24 JAN	£210,000	£260,805	19% below HPI

What might 40 NICOLSON CLOSE be worth now?

40 NICOLSON CLOSE might now be worth an estimated £558,088.

This is based on house price inflation of 165.8%, between January 2002 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 165.8% inflationary increase is applied to the most recent sale price for 40 NICOLSON CLOSE of £210,000 on 24th January 2002. For the value to have increased from £210,000 to £558,088 over the 23 years and eight months to May 2026, the following assumptions must hold true:

• The value of 40 NICOLSON CLOSE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The January 2002 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 40 NICOLSON CLOSE has not materially changed since January 2002.

How Large is 40 NICOLSON CLOSE?

40 NICOLSON CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses by size in Tangmere, and where 40 NICOLSON CLOSE lies on this distribution: 24% of detached houses are smaller than 40 NICOLSON CLOSE, and 76% of detached houses are larger. Note that EPC data is not available for all properties in Tangmere.

40 NICOLSON CLOSE: Plot

40 NICOLSON CLOSE sits on a plot of roughly 0.073 of an acre, or 296m².

Where is 40 NICOLSON CLOSE?

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