8, OWERS WAY, WEST WITTERING, CHICHESTER, PO20 8HA - £325,000

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

8 OWERS WAY is a small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £503,976. It was last sold for £325,000 in June 2011, which was around 29% below the average June 2011 detached price in the Chichester local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

8 OWERS WAY Sold Prices

Land registry data shows two sales for 8 OWERS 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 Chichester local authority area for the corresponding sale date. Both of the two 8 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
2011 27 JUN	£325,000	£456,531	29% below HPI
1997 7 AUG	£88,000	£160,044	45% below HPI

8 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 two 8 OWERS WAY sales from August 1997 and June 2011 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 August 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2011 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 OWERS WAY be worth now?

8 OWERS WAY might now be worth an estimated £503,976.

This is based on house price inflation of 55.1%, between June 2011 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 55.1% inflationary increase is applied to the most recent sale price for 8 OWERS WAY of £325,000 on 27th June 2011. For the value to have increased from £325,000 to £503,976 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of 8 OWERS WAY has moved in line with the HPI for detached houses in the Chichester local authority area.
• The June 2011 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OWERS WAY has not materially changed since June 2011.

How Large is 8 OWERS WAY?

8 OWERS WAY is 87m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% 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 8 OWERS WAY lies on this distribution: 24% of detached houses houses are smaller than 8 OWERS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

8 OWERS WAY: Plot and Title Map

8 OWERS WAY sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 8 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 8 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 8 OWERS WAY?

8 OWERS WAY is located in WEST WITTERING, in the PO20 postcode district. The below map shows the position of No. 8 on OWERS WAY.