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
2 MILLINGTON DRIVE is a very large detached house of 167m², built sometime between 1996 and 2002. It was last sold for £460,000 in October 2019, which was around 22% below the average October 2019 detached price in the Chichester local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 MILLINGTON DRIVE since 1st 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 2 MILLINGTON 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 |
---|---|---|---|
2019 11 OCT | £460,000 | £593,345 | 22% below HPI |
2017 30 NOV | £495,000 | £589,098 | 16% below HPI |
2003 16 OCT | £299,950 | £345,496 | 13% below HPI |
The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The three 2 MILLINGTON DRIVE sales between October 2003 and October 2019 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 November 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
2 MILLINGTON DRIVE is 167m² according to the EPC inspection conducted in December 2014. This puts it in the largest 20% of detached houses in Selsey, based on EPC data. The below chart shows the distribution of detached houses by size in Selsey, and where 2 MILLINGTON DRIVE lies on this distribution: 88% of detached houses are smaller than 2 MILLINGTON DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Selsey.
2 MILLINGTON DRIVE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 MILLINGTON 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 MILLINGTON 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.
2 MILLINGTON DRIVE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 2 on MILLINGTON DRIVE.