2, WIGHT WAY, SELSEY, CHICHESTER, PO20 0UD - £306,500

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 WIGHT WAY is a midsized detached house of 111m², built sometime between 1996 and 2002. It was last sold for £306,500 in July 2012, which was around 30% below the average July 2012 detached price in the Chichester local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

2 WIGHT WAY Sold Prices

Land registry data shows three sales for 2 WIGHT 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 WIGHT 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
2012 20 JUL	£306,500	£436,392	30% below HPI
2007 26 APR	£265,000	£413,862	36% below HPI
1998 24 JUL	£121,950	£168,864	28% below HPI

2 WIGHT 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 WIGHT WAY sales between July 1998 and July 2012 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 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2012 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 WIGHT WAY?

2 WIGHT WAY is 111m² according to the EPC inspection conducted in October 2010. This puts it in the largest 50% 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 WIGHT WAY lies on this distribution: 54% of detached houses are smaller than 2 WIGHT WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Selsey.

2 WIGHT WAY: Plot and Title Map

2 WIGHT WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 WIGHT 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 WIGHT 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 WIGHT WAY?

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