OMEGA, WESTERGATE STREET, WESTERGATE, CHICHESTER, PO20 3QU - £250,000

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.

OMEGA is a small extended terraced house of 106m², built sometime between 1900 and 1929, which could now be worth an estimated £381,251. It was last sold for £250,000 in September 2013, which was around 39% above the average September 2013 terraced price in the Arun local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

OMEGA Sold Prices

Land registry data shows three sales for OMEGA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the three OMEGA 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
2013 30 SEP	£250,000	£179,238	39% above HPI
2011 8 APR	£230,000	£159,560	44% above HPI
2008 23 OCT	£235,000	£165,268	42% above HPI

OMEGA 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 three OMEGA sales between October 2008 and September 2013 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 April 2011 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2013 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might OMEGA be worth now?

OMEGA might now be worth an estimated £381,251.

This is based on house price inflation of 52.5%, between September 2013 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 52.5% inflationary increase is applied to the most recent sale price for OMEGA of £250,000 on 30th September 2013. For the value to have increased from £250,000 to £381,251 over the twelve years and three months to June 2025, the following assumptions must hold true:

• The value of OMEGA has moved in line with the HPI for terraced houses in the Arun local authority area.
• The September 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of OMEGA has not materially changed since September 2013.

How Large is OMEGA?

OMEGA is 106m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of terraced houses houses in Westergate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Westergate, and where OMEGA lies on this distribution: 35% of terraced houses houses are smaller than OMEGA, and 65% of houses are larger. Note that EPC data is not available for all properties in Westergate.

OMEGA: Plot and Title Map

OMEGA sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of OMEGA, 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 OMEGA). 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 OMEGA?

OMEGA is located on WESTERGATE STREET in WESTERGATE, in the PO20 postcode district. The below map shows the position of OMEGA on WESTERGATE STREET.