2, PACIFIC WAY, SELSEY, CHICHESTER, PO20 0TY - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 PACIFIC WAY is a large extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £285,000 in September 2013, which was around 38% below the average September 2013 detached price in the Chichester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

2 PACIFIC WAY Sold Prices

Land registry data shows two sales for 2 PACIFIC 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 PACIFIC 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
2013 13 SEP	£285,000	£460,631	38% below HPI
1998 19 JUN	£121,995	£168,277	28% below HPI

2 PACIFIC 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 PACIFIC WAY sales from June 1998 and September 2013 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 June 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2013 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 PACIFIC WAY?

2 PACIFIC WAY is 124m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 40% 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 PACIFIC WAY lies on this distribution: 65% of detached houses are smaller than 2 PACIFIC WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Selsey.

2 PACIFIC WAY: Plot and Title Map

2 PACIFIC WAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 2 PACIFIC 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 PACIFIC 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 PACIFIC WAY?

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