18, ORCHARD AVENUE, SELSEY, CHICHESTER, PO20 0AW - £525,000

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

18 ORCHARD AVENUE is a large detached house of 135m², built sometime between 1950 and 1966. It was last sold for £525,000 in November 2022, which was around 27% below the average November 2022 detached price in the Chichester local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

18 ORCHARD AVENUE Sold Prices

Land registry data shows four sales for 18 ORCHARD AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four 18 ORCHARD AVENUE 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
2022 17 NOV	£525,000	£723,944	27% below HPI
2016 4 MAR	£340,000	£536,823	37% below HPI
2006 17 FEB	£246,000	£352,065	30% below HPI
2002 19 MAR	£142,000	£262,407	46% below HPI

18 ORCHARD AVENUE 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 four 18 ORCHARD AVENUE sales between March 2002 and November 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 March 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 ORCHARD AVENUE?

18 ORCHARD AVENUE is 135m² according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Selsey, based on EPC data. The below chart shows the distribution of detached houses by size in Selsey, and where 18 ORCHARD AVENUE lies on this distribution: 73% of detached houses are smaller than 18 ORCHARD AVENUE, and 26% of houses are larger. Note that EPC data is not available for all properties in Selsey.

18 ORCHARD AVENUE: Plot and Title Map

18 ORCHARD AVENUE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 18 ORCHARD AVENUE, 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 18 ORCHARD AVENUE). 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 18 ORCHARD AVENUE?

18 ORCHARD AVENUE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 18 on ORCHARD AVENUE.