22, MALTHOUSE ROAD, SELSEY, CHICHESTER, PO20 0QU - £350,000

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

22 MALTHOUSE ROAD is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £350,000 in May 2023, which was around 50% below the average May 2023 detached price in the Chichester local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

22 MALTHOUSE ROAD Sold Prices

Land registry data shows three sales for 22 MALTHOUSE ROAD 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 22 MALTHOUSE ROAD 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
2023 26 MAY	£350,000	£704,855	50% below HPI
2017 20 JUN	£270,000	£575,975	53% below HPI
1998 10 FEB	£90,000	£159,687	44% below HPI

22 MALTHOUSE ROAD 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 22 MALTHOUSE ROAD sales between February 1998 and May 2023 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 2017 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2023 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 22 MALTHOUSE ROAD?

22 MALTHOUSE ROAD is 72m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 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 22 MALTHOUSE ROAD lies on this distribution: 14% of detached houses are smaller than 22 MALTHOUSE ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Selsey.

22 MALTHOUSE ROAD: Plot and Title Map

22 MALTHOUSE ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 22 MALTHOUSE ROAD, 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 22 MALTHOUSE ROAD). 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 22 MALTHOUSE ROAD?

22 MALTHOUSE ROAD is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 22 on MALTHOUSE ROAD.