2, SOLENT WAY, SELSEY, CHICHESTER, PO20 0JR - £275,000

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 SOLENT WAY is a small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £275,000 in April 2013, which was around 37% below the average April 2013 detached price in the Chichester local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

2 SOLENT WAY Sold Prices

Land registry data shows three sales for 2 SOLENT WAY 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 2 SOLENT 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 5 APR	£275,000	£433,413	37% below HPI
2004 6 SEP	£248,500	£376,000	34% below HPI
1998 21 AUG	£85,500	£174,295	51% below HPI

2 SOLENT 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 three 2 SOLENT WAY sales between August 1998 and April 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 September 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2013 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 SOLENT WAY?

2 SOLENT WAY is 83m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% 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 SOLENT WAY lies on this distribution: 27% of detached houses are smaller than 2 SOLENT WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Selsey.

2 SOLENT WAY: Plot and Title Map

2 SOLENT WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 SOLENT 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 SOLENT 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 SOLENT WAY?

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