24, LIFEBOAT WAY, SELSEY, CHICHESTER, PO20 0TX - £420,000

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

24 LIFEBOAT WAY is a large detached house of 124m², built sometime between 1996 and 2002. It was last sold for £420,000 in March 2016, which was around 22% below the average March 2016 detached price in the Chichester local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

24 LIFEBOAT WAY Sold Prices

Land registry data shows three sales for 24 LIFEBOAT 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 24 LIFEBOAT 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
2016 10 MAR	£420,000	£536,823	22% below HPI
2002 21 JUN	£225,000	£271,972	17% below HPI
1998 17 APR	£130,000	£164,110	21% below HPI

24 LIFEBOAT 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 24 LIFEBOAT WAY sales between April 1998 and March 2016 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 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 24 LIFEBOAT WAY?

24 LIFEBOAT WAY is 124m² according to the EPC inspection conducted in April 2015. 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 24 LIFEBOAT WAY lies on this distribution: 65% of detached houses are smaller than 24 LIFEBOAT WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Selsey.

24 LIFEBOAT WAY: Plot and Title Map

24 LIFEBOAT WAY sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 24 LIFEBOAT 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 24 LIFEBOAT 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 24 LIFEBOAT WAY?

24 LIFEBOAT WAY is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 24 on LIFEBOAT WAY.