12, CORMORANT WAY, EAST WITTERING, CHICHESTER, PO20 8PN - £195,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 CORMORANT WAY is a very small semi-detached house of 53m², built sometime between 1967 and 1975, which could now be worth an estimated £323,390. It was last sold for £195,000 in May 2007, which was around 27% below the average May 2007 semi-detached price in the Chichester local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

12 CORMORANT WAY Sold Prices

Land registry data shows three sales for 12 CORMORANT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chichester local authority area for the corresponding sale date. All of the three 12 CORMORANT WAY 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
2007 2 MAY	£195,000	£266,535	27% below HPI
1999 18 AUG	£82,000	£108,027	24% below HPI
1998 30 OCT	£78,500	£99,974	21% below HPI

12 CORMORANT WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chichester local authority area over time, sourced from the HPI. The three 12 CORMORANT WAY sales between October 1998 and May 2007 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 August 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2007 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 12 CORMORANT WAY be worth now?

12 CORMORANT WAY might now be worth an estimated £323,390.

This is based on house price inflation of 65.8%, between May 2007 and December 2024, for semi-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 65.8% inflationary increase is applied to the most recent sale price for 12 CORMORANT WAY of £195,000 on 2nd May 2007. For the value to have increased from £195,000 to £323,390 over the sixteen years and five months to December 2024, the following assumptions must hold true:

• The value of 12 CORMORANT WAY has moved in line with the HPI for semi-detached houses in the Chichester local authority area.
• The May 2007 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CORMORANT WAY has not materially changed since May 2007.

How Large is 12 CORMORANT WAY?

12 CORMORANT WAY is 53m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of semi-detached houses houses in East Wittering, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in East Wittering, and where 12 CORMORANT WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 12 CORMORANT WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

12 CORMORANT WAY: Plot and Title Map

12 CORMORANT WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 12 CORMORANT WAY, 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 12 CORMORANT WAY). 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 12 CORMORANT WAY?

12 CORMORANT WAY is located in EAST WITTERING, in the PO20 postcode district. The below map shows the position of No. 12 on CORMORANT WAY.