2, BEACON DRIVE, SELSEY, CHICHESTER, PO20 0TW - £540,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 BEACON DRIVE is a large detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £534,285. It was last sold for £540,000 in November 2024, which was around 25% below the average November 2024 detached price in the Chichester local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

2 BEACON DRIVE Sold Prices

Land registry data shows two sales for 2 BEACON DRIVE 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 2 BEACON DRIVE 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
2024 1 NOV	£540,000	£715,513	25% below HPI
2000 27 APR	£144,995	£223,293	35% below HPI

2 BEACON DRIVE 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 2 BEACON DRIVE sales from April 2000 and November 2024 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 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 BEACON DRIVE be worth now?

2 BEACON DRIVE might now be worth an estimated £534,285.

This is based on house price deflation of 1.1%, between November 2024 and December 2024, 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 1.1% deflationary decrease is applied to the most recent sale price for 2 BEACON DRIVE of £540,000 on 1st November 2024. For the value to have decreased from £540,000 to £534,285 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 2 BEACON DRIVE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The November 2024 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BEACON DRIVE has not materially changed since November 2024.

How Large is 2 BEACON DRIVE?

2 BEACON DRIVE is 130m² according to the EPC inspection conducted in June 2024. This puts it in the largest 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 2 BEACON DRIVE lies on this distribution: 70% of detached houses houses are smaller than 2 BEACON DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Selsey.

2 BEACON DRIVE: Plot and Title Map

2 BEACON DRIVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 BEACON DRIVE, 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 2 BEACON DRIVE). 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 2 BEACON DRIVE?

2 BEACON DRIVE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 2 on BEACON DRIVE.