5 The Terrace, Mill Lane
5 The Terrace, Mill Lane
Description & Estimates
5 The Terrace, Mill Lane, Chichester is recorded publicly as a period freehold house across 1,065 ft2 of internal area, sitting on a 100 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5 The Terrace, Mill Lane, Chichester is £445,700 and its rental estimate is £1,672 per month, given the available information and assuming reasonable condition.
Mill Lane, Sidlesham, Chichester, PO20 falls within the PO20 postal district, in the borough of Chichester.
Our Data Sources
5 The Terrace, Mill Lane, Chichester has 21 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5 The Terrace, Mill Lane, Chichester, we estimate a market value of £467,985 and a rental value of £1,756 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £414,501 and £1,555 per month respectively.
Recent Market Change
Over the last year, 5 The Terrace, Mill Lane, Chichester has seen its estimated sale value decrease by £11,689 (2.6%) and its estimated rental value grow by £62 per month (3.7%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 5 The Terrace, Mill Lane, Chichester as measuring 100 m2.
That makes it the 21st largest plot in the postcode, where 21 of the 26 other houses have recorded plot data.
Energy Efficiency
5 The Terrace, Mill Lane, Chichester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5 The Terrace, Mill Lane, Chichester completed on 26th January 2018 at £375,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 8.1% over the period since January 2018.
- Sold Jan 2018£375,000
- Sold Oct 1998£89,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5 The Terrace, Mill Lane, Chichester have sold within a radius of 3.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd March 2022, was 37, Chalk Lane, Chichester, PO20 7LW, a freehold house which sold for £695,000.
Read more about house prices in PO20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 78 addresses on Mill Lane, Sidlesham, Chichester, PO20, 5 The Terrace, Mill Lane, Chichester comes out as the 58th largest and the 63rd most expensive in our analysis of the public data.
It is also £14k less expensive than the average property across the PO20 district.
More reading links
Schools Nearby
- 1.2kmSidlesham Primary School
- 3.8kmMedmerry Primary School
- 4.1kmSeal Primary Academy
- 3.7kmThe Academy, Selsey
- 6.7kmChichester High School
- 7.1kmThe Regis School
More reading links
Public Transport Nearby
From 5 The Terrace, Mill Lane, Chichester, the nearest station is Chichester, 7.0 kilometres away.
- 7.0kmChichester
- 7.9kmBognor Regis
- 8.1kmFishbourne (Sussex)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
