ANCHOR, NAB WALK, EAST WITTERING, CHICHESTER, PO20 8DH - £475,000

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

ANCHOR is a very small extended detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £588,167. It was last sold for £475,000 in January 2017, which was around 18% below the average January 2017 detached price in the Chichester local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

ANCHOR Sold Prices

Land registry data shows four sales for ANCHOR since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four ANCHOR 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
2017 27 JAN	£475,000	£578,867	18% below HPI
2002 9 SEP	£190,000	£305,651	38% below HPI
1998 17 APR	£100,000	£167,701	40% below HPI
1995 4 DEC	£65,000	£131,110	50% below HPI

ANCHOR 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 four ANCHOR sales between December 1995 and January 2017 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 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might ANCHOR be worth now?

ANCHOR might now be worth an estimated £588,167.

This is based on house price inflation of 23.8%, between January 2017 and February 2025, 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 23.8% inflationary increase is applied to the most recent sale price for ANCHOR of £475,000 on 27th January 2017. For the value to have increased from £475,000 to £588,167 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of ANCHOR has moved in line with the HPI for detached houses in the Chichester local authority area.
• The January 2017 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of ANCHOR has not materially changed since January 2017.

How Large is ANCHOR?

ANCHOR is 65m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% 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 ANCHOR lies on this distribution: 6% of detached houses houses are smaller than ANCHOR, and 94% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

ANCHOR: Plot and Title Map

ANCHOR sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of ANCHOR, 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 ANCHOR). 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 ANCHOR?

ANCHOR is located on NAB WALK in EAST WITTERING, in the PO20 postcode district. The below map shows the position of ANCHOR on NAB WALK.