23, CHEAL WAY, WICK, LITTLEHAMPTON, BN17 6FL - £345,000

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.

23 CHEAL WAY is a midsized terraced house of 101m², built sometime between 2007 and 2011, which could now be worth an estimated £343,058. It was last sold for £345,000 in March 2022, which was around 26% above the average March 2022 terraced price in the Arun local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

23 CHEAL WAY Sold Prices

Land registry data shows five sales for 23 CHEAL WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the five 23 CHEAL WAY 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
2022 31 MAR	£345,000	£274,886	26% above HPI
2020 27 OCT	£275,000	£241,259	14% above HPI
2018 2 NOV	£325,000	£234,875	38% above HPI
2014 16 JUL	£245,000	£187,571	31% above HPI
2010 15 OCT	£215,000	£167,560	28% above HPI

23 CHEAL WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Arun local authority area over time, sourced from the HPI. The five 23 CHEAL WAY sales between October 2010 and March 2022 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 October 2020 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 23 CHEAL WAY be worth now?

23 CHEAL WAY might now be worth an estimated £343,058.

This is based on house price deflation of 0.6%, between March 2022 and June 2025, for terraced 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 0.6% deflationary decrease is applied to the most recent sale price for 23 CHEAL WAY of £345,000 on 31st March 2022. For the value to have decreased from £345,000 to £343,058 over the two years and nine months to June 2025, the following assumptions must hold true:

• The value of 23 CHEAL WAY has moved in line with the HPI for terraced houses in the Arun local authority area.
• The March 2022 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CHEAL WAY has not materially changed since March 2022.

How Large is 23 CHEAL WAY?

23 CHEAL WAY is 101m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 50% of terraced houses houses in Toddington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Toddington, and where 23 CHEAL WAY lies on this distribution: 42% of terraced houses houses are smaller than 23 CHEAL WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Toddington.

23 CHEAL WAY: Plot and Title Map

23 CHEAL WAY sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 23 CHEAL 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 23 CHEAL 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 23 CHEAL WAY?

23 CHEAL WAY is located in WICK, in the BN17 postcode district. The below map shows the position of No. 23 on CHEAL WAY.