31, MEADOW WAY, WESTERGATE, CHICHESTER, PO20 3QT - £365,000

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

31 MEADOW WAY is a large extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £365,000 in November 2018, which was around 21% below the average November 2018 detached price in the Arun local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

31 MEADOW WAY Sold Prices

Land registry data shows two sales for 31 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 31 MEADOW 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
2018 19 NOV	£365,000	£460,722	21% below HPI
2014 21 FEB	£287,000	£339,613	15% below HPI

31 MEADOW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 31 MEADOW WAY sales from February 2014 and November 2018 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 February 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 31 MEADOW WAY?

31 MEADOW WAY is 133m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of detached houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses by size in Westergate, and where 31 MEADOW WAY lies on this distribution: 68% of detached houses are smaller than 31 MEADOW WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Westergate.

31 MEADOW WAY: Plot and Title Map

31 MEADOW WAY sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 31 MEADOW 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 31 MEADOW 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 31 MEADOW WAY?

31 MEADOW WAY is located in WESTERGATE, in the PO20 postcode district. The below map shows the position of No. 31 on MEADOW WAY.