DOWNSEA, NAB WALK, EAST WITTERING, CHICHESTER, PO20 8DH - £500,000

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

DOWNSEA is a very large detached house of 152m², built in 2021. It was last sold for £500,000 in October 2019, which was around 16% below the average October 2019 detached price in the Chichester local authority area. The most recent EPC inspection was May 2023, where the current energy rating was B, and the potential energy rating was A.

DOWNSEA Sold Prices

Land registry data shows three sales for DOWNSEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three DOWNSEA 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
2019 24 OCT	£500,000	£593,345	16% below HPI
2015 30 JUN	£335,000	£513,213	35% below HPI
1998 10 JAN	£45,000	£157,755	71% below HPI

DOWNSEA 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 three DOWNSEA sales between January 1998 and October 2019 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 June 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is DOWNSEA?

DOWNSEA is 152m² according to the EPC inspection conducted in May 2023. This puts it in the largest 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 DOWNSEA lies on this distribution: 81% of detached houses are smaller than DOWNSEA, and 19% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

DOWNSEA: Plot and Title Map

DOWNSEA sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of DOWNSEA, 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 DOWNSEA). 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 DOWNSEA?

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