2, SUMMER LEA COTTAGES, WESTERGATE STREET, WOODGATE, CHICHESTER, PO20 3QG - £280,000

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 SUMMER LEA COTTAGES is a small semi-detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £329,631. It was last sold for £280,000 in December 2018, which was around 6% below the average December 2018 semi-detached price in the Arun local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

2 SUMMER LEA COTTAGES Sold Prices

Land registry data shows four sales for 2 SUMMER LEA COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. Most of the four 2 SUMMER LEA COTTAGES sales were for above 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
2018 7 DEC	£280,000	£299,145	6% below HPI
2003 12 AUG	£183,000	£169,847	8% above HPI
2001 1 FEB	£130,000	£107,966	20% above HPI
2000 15 MAR	£115,000	£98,687	17% above HPI

2 SUMMER LEA COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The four 2 SUMMER LEA COTTAGES sales between March 2000 and December 2018 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 August 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 SUMMER LEA COTTAGES be worth now?

2 SUMMER LEA COTTAGES might now be worth an estimated £329,631.

This is based on house price inflation of 17.7%, between December 2018 and June 2025, for semi-detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.7% inflationary increase is applied to the most recent sale price for 2 SUMMER LEA COTTAGES of £280,000 on 7th December 2018. For the value to have increased from £280,000 to £329,631 over the seven years and six months to June 2025, the following assumptions must hold true:

• The value of 2 SUMMER LEA COTTAGES has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The December 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SUMMER LEA COTTAGES has not materially changed since December 2018.

How Large is 2 SUMMER LEA COTTAGES?

2 SUMMER LEA COTTAGES is 103m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of semi-detached houses houses in Westergate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Westergate, and where 2 SUMMER LEA COTTAGES lies on this distribution: 32% of semi-detached houses houses are smaller than 2 SUMMER LEA COTTAGES, and 68% of houses are larger. Note that EPC data is not available for all properties in Westergate.

2 SUMMER LEA COTTAGES: Plot and Title Map

2 SUMMER LEA COTTAGES sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 2 SUMMER LEA COTTAGES, 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 SUMMER LEA COTTAGES). 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 SUMMER LEA COTTAGES?

2 SUMMER LEA COTTAGES is located on WESTERGATE STREET in WOODGATE, in the PO20 postcode district. The below map shows the position of 2 SUMMER LEA COTTAGES on WESTERGATE STREET.