2, WELLS CRESCENT, CHICHESTER, PO19 5EU - £560,000

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

2 WELLS CRESCENT is a large extended detached house of 133m², built sometime between 1976 and 1982, which could now be worth an estimated £564,352. It was last sold for £560,000 in March 2022, which was around 20% below the average March 2022 detached price in the Chichester local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

2 WELLS CRESCENT Sold Prices

Land registry data shows two sales for 2 WELLS CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two 2 WELLS CRESCENT 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
2022 31 MAR	£560,000	£702,482	20% below HPI
2019 17 SEP	£420,000	£611,621	31% below HPI

2 WELLS CRESCENT 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 two 2 WELLS CRESCENT sales from September 2019 and March 2022 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 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 WELLS CRESCENT be worth now?

2 WELLS CRESCENT might now be worth an estimated £564,352.

This is based on house price inflation of 0.8%, between March 2022 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 0.8% inflationary increase is applied to the most recent sale price for 2 WELLS CRESCENT of £560,000 on 31st March 2022. For the value to have increased from £560,000 to £564,352 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 2 WELLS CRESCENT has moved in line with the HPI for detached houses in the Chichester local authority area.
• The March 2022 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WELLS CRESCENT has not materially changed since March 2022.

How Large is 2 WELLS CRESCENT?

2 WELLS CRESCENT is 133m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 40% of detached houses houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chichester, and where 2 WELLS CRESCENT lies on this distribution: 63% of detached houses houses are smaller than 2 WELLS CRESCENT, and 36% of houses are larger. Note that EPC data is not available for all properties in Chichester.

2 WELLS CRESCENT: Plot and Title Map

2 WELLS CRESCENT sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2 WELLS CRESCENT, 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 WELLS CRESCENT). 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 WELLS CRESCENT?

2 WELLS CRESCENT is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 2 on WELLS CRESCENT.