16, DRIFT ROAD, SELSEY, CHICHESTER, PO20 0PW - £275,000

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

16 DRIFT ROAD is a midsized extended detached house of 101m², built sometime between 1900 and 1929. It was last sold for £275,000 in November 2015, which was around 49% below the average November 2015 detached price in the Chichester local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was E.

16 DRIFT ROAD Sold Prices

Land registry data shows two sales for 16 DRIFT 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 16 DRIFT 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
2015 13 NOV	£275,000	£544,508	49% below HPI
1999 24 AUG	£77,000	£185,635	59% below HPI

16 DRIFT 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 16 DRIFT ROAD sales from August 1999 and November 2015 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 1999 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the November 2015 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 16 DRIFT ROAD?

16 DRIFT ROAD is 101m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses in Selsey, based on EPC data. The below chart shows the distribution of detached houses by size in Selsey, and where 16 DRIFT ROAD lies on this distribution: 46% of detached houses are smaller than 16 DRIFT ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Selsey.

16 DRIFT ROAD: Plot and Title Map

16 DRIFT ROAD sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 16 DRIFT 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 16 DRIFT 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 16 DRIFT ROAD?

16 DRIFT ROAD is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 16 on DRIFT ROAD.