20, THE CLOSE, SELSEY, CHICHESTER, PO20 0ET - £250,000

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.

20 THE CLOSE is a midsized extended semi-detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £372,394. It was last sold for £250,000 in July 2014, which was around 17% below the average July 2014 semi-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.

20 THE CLOSE Sold Prices

Land registry data shows two sales for 20 THE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chichester local authority area for the corresponding sale date. Both of the two 20 THE CLOSE 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
2014 3 JUL	£250,000	£299,511	17% below HPI
2000 9 OCT	£87,000	£136,346	36% below HPI

20 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chichester local authority area over time, sourced from the HPI. The two 20 THE CLOSE sales from October 2000 and July 2014 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 October 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 20 THE CLOSE be worth now?

20 THE CLOSE might now be worth an estimated £372,394.

This is based on house price inflation of 49%, between July 2014 and February 2025, for semi-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 49% inflationary increase is applied to the most recent sale price for 20 THE CLOSE of £250,000 on 3rd July 2014. For the value to have increased from £250,000 to £372,394 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 20 THE CLOSE has moved in line with the HPI for semi-detached houses in the Chichester local authority area.
• The July 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 20 THE CLOSE has not materially changed since July 2014.

How Large is 20 THE CLOSE?

20 THE CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 50% of semi-detached houses houses in Selsey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Selsey, and where 20 THE CLOSE lies on this distribution: 55% of semi-detached houses houses are smaller than 20 THE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Selsey.

20 THE CLOSE: Plot and Title Map

20 THE CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 20 THE CLOSE, 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 20 THE CLOSE). 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 20 THE CLOSE?

20 THE CLOSE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 20 on THE CLOSE.