CORNERWAYS, CHARLMEAD, EAST WITTERING, CHICHESTER, PO20 8DN - £490,000

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

CORNERWAYS is a very small detached house of 82m², built sometime between 1991 and 1995. It was last sold for £490,000 in February 2024, which was around 28% below the average February 2024 detached price in the Chichester local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was B.

CORNERWAYS Sold Prices

Land registry data shows two sales for CORNERWAYS 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 CORNERWAYS 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
2024 2 FEB	£490,000	£681,986	28% below HPI
2014 19 DEC	£299,950	£497,296	40% below HPI

CORNERWAYS 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 CORNERWAYS sales from December 2014 and February 2024 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 December 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 82m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses by size in East Wittering, and where CORNERWAYS lies on this distribution: 19% of detached houses are smaller than CORNERWAYS, and 80% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on CHARLMEAD in EAST WITTERING, in the PO20 postcode district. The below map shows the position of CORNERWAYS on CHARLMEAD.