14A, WESSEX AVENUE, EAST WITTERING, CHICHESTER, PO20 8NP - £520,000

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.

14A WESSEX AVENUE is a large detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £606,963. It was last sold for £520,000 in March 2020, which was around 15% below the average March 2020 detached price in the Chichester local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

14A WESSEX AVENUE Sold Prices

Land registry data shows three sales for 14A WESSEX AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 14A WESSEX AVENUE 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
2020 12 MAR	£520,000	£614,083	15% below HPI
2018 25 SEP	£499,950	£635,344	21% below HPI
2002 3 MAY	£212,000	£275,809	23% below HPI

14A WESSEX AVENUE 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 three 14A WESSEX AVENUE sales between May 2002 and March 2020 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 September 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 14A WESSEX AVENUE be worth now?

14A WESSEX AVENUE might now be worth an estimated £606,963.

This is based on house price inflation of 16.7%, between March 2020 and February 2025, for 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 16.7% inflationary increase is applied to the most recent sale price for 14A WESSEX AVENUE of £520,000 on 12th March 2020. For the value to have increased from £520,000 to £606,963 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 14A WESSEX AVENUE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The March 2020 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 14A WESSEX AVENUE has not materially changed since March 2020.

How Large is 14A WESSEX AVENUE?

14A WESSEX AVENUE is 120m² according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Wittering, and where 14A WESSEX AVENUE lies on this distribution: 62% of detached houses houses are smaller than 14A WESSEX AVENUE, and 38% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

14A WESSEX AVENUE: Plot and Title Map

14A WESSEX AVENUE sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of 14A WESSEX AVENUE, 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 14A WESSEX AVENUE). 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 14A WESSEX AVENUE?

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