2, FULMAR WAY, TANGMERE, CHICHESTER, PO20 2GG - £422,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 FULMAR WAY is a small extended detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £428,791. It was last sold for £422,000 in March 2023, which was around 40% below the average March 2023 detached price in the Chichester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

2 FULMAR WAY Sold Prices

Land registry data shows two sales for 2 FULMAR 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 2 FULMAR 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
2023 31 MAR	£422,000	£705,428	40% below HPI
1999 7 SEP	£127,750	£200,860	36% below HPI

2 FULMAR 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 2 FULMAR WAY sales from September 1999 and March 2023 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 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 FULMAR WAY be worth now?

2 FULMAR WAY might now be worth an estimated £428,791.

This is based on house price inflation of 1.6%, between March 2023 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 1.6% inflationary increase is applied to the most recent sale price for 2 FULMAR WAY of £422,000 on 31st March 2023. For the value to have increased from £422,000 to £428,791 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 2 FULMAR WAY has moved in line with the HPI for detached houses in the Chichester local authority area.
• The March 2023 sale price of £422,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FULMAR WAY has not materially changed since March 2023.

How Large is 2 FULMAR WAY?

2 FULMAR WAY is 99m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tangmere, and where 2 FULMAR WAY lies on this distribution: 24% of detached houses houses are smaller than 2 FULMAR WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

2 FULMAR WAY: Plot and Title Map

2 FULMAR WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 2 FULMAR 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 2 FULMAR 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 2 FULMAR WAY?

2 FULMAR WAY is located in TANGMERE, in the PO20 postcode district. The below map shows the position of No. 2 on FULMAR WAY.