1A, ELMSFIELD, LEWIS ROAD, SELSEY, CHICHESTER, PO20 0RH - £355,000

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.

1A ELMSFIELD is a small detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £393,348. It was last sold for £355,000 in December 2020, which was around 45% below the average December 2020 detached price in the Chichester local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

1A ELMSFIELD Sold Prices

Land registry data shows three sales for 1A ELMSFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 1A ELMSFIELD 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
2020 10 DEC	£355,000	£646,901	45% below HPI
2019 15 JAN	£250,000	£614,983	59% below HPI
1997 22 DEC	£74,450	£159,555	53% below HPI

1A ELMSFIELD 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 three 1A ELMSFIELD sales between December 1997 and December 2020 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 January 2019 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the December 2020 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 1A ELMSFIELD be worth now?

1A ELMSFIELD might now be worth an estimated £393,348.

This is based on house price inflation of 10.8%, between December 2020 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.8% inflationary increase is applied to the most recent sale price for 1A ELMSFIELD of £355,000 on 10th December 2020. For the value to have increased from £355,000 to £393,348 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 1A ELMSFIELD has moved in line with the HPI for detached houses in the Chichester local authority area.
• The December 2020 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 1A ELMSFIELD has not materially changed since December 2020.

How Large is 1A ELMSFIELD?

1A ELMSFIELD is 80m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses houses in Selsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Selsey, and where 1A ELMSFIELD lies on this distribution: 23% of detached houses houses are smaller than 1A ELMSFIELD, and 76% of houses are larger. Note that EPC data is not available for all properties in Selsey.

1A ELMSFIELD: Plot and Title Map

1A ELMSFIELD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 1A ELMSFIELD, 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 1A ELMSFIELD). 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 1A ELMSFIELD?

1A ELMSFIELD is located on LEWIS ROAD in SELSEY, in the PO20 postcode district. The below map shows the position of 1A ELMSFIELD on LEWIS ROAD.