2, OWERS WAY, WEST WITTERING, CHICHESTER, PO20 8HA - £517,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 OWERS WAY is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £517,500 in August 2020, which was around 16% below the average August 2020 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.

2 OWERS WAY Sold Prices

Land registry data shows five sales for 2 OWERS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the five 2 OWERS 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
2020 14 AUG	£517,500	£615,438	16% below HPI
2017 23 NOV	£450,000	£589,098	24% below HPI
2013 4 OCT	£290,000	£465,638	38% below HPI
2009 14 JUL	£215,000	£383,645	44% below HPI
1996 8 MAR	£68,000	£133,170	49% below HPI

2 OWERS WAY 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 five 2 OWERS WAY sales between March 1996 and August 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 November 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 OWERS WAY?

2 OWERS WAY is 69m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses by size in East Wittering, and where 2 OWERS WAY lies on this distribution: 9% of detached houses are smaller than 2 OWERS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

2 OWERS WAY: Plot and Title Map

2 OWERS WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 2 OWERS 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 2 OWERS 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 2 OWERS WAY?

2 OWERS WAY is located in WEST WITTERING, in the PO20 postcode district. The below map shows the position of No. 2 on OWERS WAY.