WOODGATE FARM, WESTERGATE STREET, WOODGATE, CHICHESTER, PO20 3SS - £395,000

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.

WOODGATE FARM is a large extended detached house of 131m², built sometime before 1900, which could now be worth an estimated £458,760. It was last sold for £395,000 in September 2018, which was around 18% below the average September 2018 detached price in the Arun local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

WOODGATE FARM Sold Prices

Land registry data shows two sales for WOODGATE FARM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two WOODGATE FARM sales was for below the average price, whilst the other was 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 13 SEP	£395,000	£479,355	18% below HPI
2017 14 FEB	£510,000	£445,058	15% above HPI

WOODGATE FARM 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 two WOODGATE FARM sales from February 2017 and September 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 February 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might WOODGATE FARM be worth now?

WOODGATE FARM might now be worth an estimated £458,760.

This is based on house price inflation of 16.1%, between September 2018 and June 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for WOODGATE FARM of £395,000 on 13th September 2018. For the value to have increased from £395,000 to £458,760 over the seven years and three months to June 2025, the following assumptions must hold true:

• The value of WOODGATE FARM has moved in line with the HPI for detached houses in the Arun local authority area.
• The September 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of WOODGATE FARM has not materially changed since September 2018.

How Large is WOODGATE FARM?

WOODGATE FARM is 131m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westergate, and where WOODGATE FARM lies on this distribution: 67% of detached houses houses are smaller than WOODGATE FARM, and 33% of houses are larger. Note that EPC data is not available for all properties in Westergate.

WOODGATE FARM: Plot and Title Map

WOODGATE FARM sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of WOODGATE FARM, 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 WOODGATE FARM). 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 WOODGATE FARM?

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