25, DRIFT ROAD, SELSEY, CHICHESTER, PO20 0PW - £310,000

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

25 DRIFT ROAD is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £310,000 in July 2018, which was around 48% below the average July 2018 detached price in the Chichester local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

25 DRIFT ROAD Sold Prices

Land registry data shows two sales for 25 DRIFT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two 25 DRIFT 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
2018 25 JUL	£310,000	£597,343	48% below HPI
2004 19 APR	£220,000	£350,926	37% below HPI

25 DRIFT 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 two 25 DRIFT ROAD sales from April 2004 and July 2018 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 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2018 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 25 DRIFT ROAD?

25 DRIFT ROAD is 75m² according to the EPC inspection conducted in April 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 25 DRIFT ROAD lies on this distribution: 17% of detached houses are smaller than 25 DRIFT ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Selsey.

25 DRIFT ROAD: Plot and Title Map

25 DRIFT ROAD sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 25 DRIFT 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 25 DRIFT 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 25 DRIFT ROAD?

25 DRIFT ROAD is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 25 on DRIFT ROAD.