LHASA, PEERLEY ROAD, EAST WITTERING, CHICHESTER, PO20 8PD - £390,000

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

LHASA is a small detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £533,030. It was last sold for £390,000 in June 2015, which was around 26% below the average June 2015 detached price in the Chichester local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was C.

LHASA Sold Prices

Land registry data shows three sales for LHASA 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 LHASA 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
2015 29 JUN	£390,000	£524,444	26% below HPI
2006 5 JUN	£260,000	£398,813	35% below HPI
1997 6 MAR	£89,000	£144,729	39% below HPI

LHASA 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 LHASA sales between March 1997 and June 2015 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 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might LHASA be worth now?

LHASA might now be worth an estimated £533,030.

This is based on house price inflation of 36.7%, between June 2015 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 36.7% inflationary increase is applied to the most recent sale price for LHASA of £390,000 on 29th June 2015. For the value to have increased from £390,000 to £533,030 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of LHASA has moved in line with the HPI for detached houses in the Chichester local authority area.
• The June 2015 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of LHASA has not materially changed since June 2015.

How Large is LHASA?

LHASA is 90m² according to the EPC inspection conducted in December 2014. 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 LHASA lies on this distribution: 29% of detached houses houses are smaller than LHASA, and 70% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

LHASA: Plot and Title Map

LHASA sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of LHASA, 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 LHASA). 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 LHASA?

LHASA is located on PEERLEY ROAD in EAST WITTERING, in the PO20 postcode district. The below map shows the position of LHASA on PEERLEY ROAD.