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

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

2 OWERS WAY is a large detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £582,535. It was last sold for £517,500 in August 2020, which was around 18% below the average August 2020 detached price in the Chichester local authority area. The most recent EPC inspection was January 2025, where the current energy rating was C, and the potential energy rating was B.

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	£628,906	18% below HPI
2017 23 NOV	£450,000	£601,990	25% below HPI
2013 4 OCT	£290,000	£475,828	39% below HPI
2009 14 JUL	£215,000	£392,041	45% below HPI
1996 8 MAR	£68,000	£136,084	50% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 OWERS WAY be worth now?

2 OWERS WAY might now be worth an estimated £582,535.

This is based on house price inflation of 12.6%, between August 2020 and December 2024, 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 12.6% inflationary increase is applied to the most recent sale price for 2 OWERS WAY of £517,500 on 14th August 2020. For the value to have increased from £517,500 to £582,535 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 OWERS WAY has moved in line with the HPI for detached houses in the Chichester local authority area.
• The August 2020 sale price of £517,500 represented a fair market value for the property.
• The size, condition, and specification of 2 OWERS WAY has not materially changed since August 2020.

How Large is 2 OWERS WAY?

2 OWERS WAY is 118m² according to the EPC inspection conducted in January 2025. 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 2 OWERS WAY lies on this distribution: 61% of detached houses houses are smaller than 2 OWERS WAY, and 39% 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.