TERRA ROSSA, POTTERY LANE, NUTBOURNE, CHICHESTER, PO18 8RW - £300,000

TERRA ROSSA is a very small extended detached house of 87m², built sometime between 1900 and 1929. It was last sold for £300,000 in March 2006, which was around 18% below the average March 2006 detached price in the Chichester local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was C.

TERRA ROSSA Sold Prices

Land registry data shows four sales for TERRA ROSSA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four TERRA ROSSA 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
2006 13 MAR	£300,000	£365,595	18% below HPI
2000 17 MAR	£162,500	£214,665	24% below HPI
1999 24 JUN	£149,000	£179,756	17% below HPI
1997 12 DEC	£106,000	£156,138	32% below HPI

TERRA ROSSA 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 four TERRA ROSSA sales between December 1997 and March 2006 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 March 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2006 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is TERRA ROSSA?

TERRA ROSSA is 87m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the smallest 20% of detached houses in Nutbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Nutbourne, and where TERRA ROSSA lies on this distribution: 17% of detached houses are smaller than TERRA ROSSA, and 83% of houses are larger. Note that EPC data is not available for all properties in Nutbourne.

TERRA ROSSA: Plot and Title Map

TERRA ROSSA sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of TERRA ROSSA, 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 TERRA ROSSA). 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 TERRA ROSSA?

TERRA ROSSA is located on POTTERY LANE in NUTBOURNE, in the PO18 postcode district. The below map shows the position of TERRA ROSSA on POTTERY LANE.