2, CHICHESTER WAY, SELSEY, CHICHESTER, PO20 0PJ - £382,000

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.

2 CHICHESTER WAY is a large extended detached house of 124m², built sometime between 1930 and 1949, which could now be worth an estimated £445,884. It was last sold for £382,000 in March 2020, which was around 38% below the average March 2020 detached price in the Chichester local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

2 CHICHESTER WAY Sold Prices

Land registry data shows two sales for 2 CHICHESTER WAY 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 CHICHESTER WAY 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 27 MAR	£382,000	£614,083	38% below HPI
2016 30 AUG	£215,000	£586,459	63% below HPI

2 CHICHESTER WAY 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 CHICHESTER WAY sales from August 2016 and March 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 August 2016 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the March 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 2 CHICHESTER WAY be worth now?

2 CHICHESTER WAY might now be worth an estimated £445,884.

This is based on house price inflation of 16.7%, between March 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 16.7% inflationary increase is applied to the most recent sale price for 2 CHICHESTER WAY of £382,000 on 27th March 2020. For the value to have increased from £382,000 to £445,884 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 2 CHICHESTER WAY has moved in line with the HPI for detached houses in the Chichester local authority area.
• The March 2020 sale price of £382,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHICHESTER WAY has not materially changed since March 2020.

How Large is 2 CHICHESTER WAY?

2 CHICHESTER WAY is 124m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% 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 CHICHESTER WAY lies on this distribution: 65% of detached houses houses are smaller than 2 CHICHESTER WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Selsey.

2 CHICHESTER WAY: Plot and Title Map

2 CHICHESTER WAY sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 2 CHICHESTER WAY, 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 CHICHESTER WAY). 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 CHICHESTER WAY?

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