1, MALTHOUSE ROAD, SELSEY, CHICHESTER, PO20 0QR - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MALTHOUSE ROAD is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £295,000 in February 2021, which was around 53% below the average February 2021 detached price in the Chichester local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

1 MALTHOUSE ROAD Sold Prices

Land registry data shows two sales for 1 MALTHOUSE ROAD 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 1 MALTHOUSE ROAD 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
2021 26 FEB	£295,000	£626,070	53% below HPI
2017 24 MAR	£290,000	£584,127	50% below HPI

1 MALTHOUSE ROAD 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 1 MALTHOUSE ROAD sales from March 2017 and February 2021 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 March 2017 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2021 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 1 MALTHOUSE ROAD?

1 MALTHOUSE ROAD is 68m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Selsey, based on EPC data. The below chart shows the distribution of detached houses by size in Selsey, and where 1 MALTHOUSE ROAD lies on this distribution: 10% of detached houses are smaller than 1 MALTHOUSE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Selsey.

1 MALTHOUSE ROAD: Plot and Title Map

1 MALTHOUSE ROAD sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 1 MALTHOUSE ROAD, 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 1 MALTHOUSE ROAD). 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 1 MALTHOUSE ROAD?

1 MALTHOUSE ROAD is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 1 on MALTHOUSE ROAD.