14, CORMORANT WAY, EAST WITTERING, CHICHESTER, PO20 8PG - £242,000

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

14 CORMORANT WAY is a very small semi-detached house of 50m², built sometime between 1967 and 1975, which could now be worth an estimated £348,299. It was last sold for £242,000 in September 2014, which was around 21% below the average September 2014 semi-detached price in the Chichester local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

14 CORMORANT WAY Sold Prices

Land registry data shows two sales for 14 CORMORANT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chichester local authority area for the corresponding sale date. Both of the two 14 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
2014 2 SEP	£242,000	£307,121	21% below HPI
2008 7 MAR	£185,000	£256,661	28% below HPI

14 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 two 14 CORMORANT WAY sales from March 2008 and September 2014 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 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 14 CORMORANT WAY be worth now?

14 CORMORANT WAY might now be worth an estimated £348,299.

This is based on house price inflation of 43.9%, between September 2014 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 43.9% inflationary increase is applied to the most recent sale price for 14 CORMORANT WAY of £242,000 on 2nd September 2014. For the value to have increased from £242,000 to £348,299 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 14 CORMORANT WAY has moved in line with the HPI for semi-detached houses in the Chichester local authority area.
• The September 2014 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CORMORANT WAY has not materially changed since September 2014.

How Large is 14 CORMORANT WAY?

14 CORMORANT WAY is 50m² according to the EPC inspection conducted in February 2012. 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 14 CORMORANT WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 14 CORMORANT WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

14 CORMORANT WAY: Plot and Title Map

14 CORMORANT WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 14 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 14 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 14 CORMORANT WAY?

14 CORMORANT WAY is located in EAST WITTERING, in the PO20 postcode district. The below map shows the position of No. 14 on CORMORANT WAY.