25, LAWRENCE CLOSE, SELSEY, CHICHESTER, PO20 0TN - £517,500

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

25 LAWRENCE CLOSE is a large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £517,500 in April 2023, which was around 27% below the average April 2023 detached price in the Chichester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

25 LAWRENCE CLOSE Sold Prices

Land registry data shows three sales for 25 LAWRENCE CLOSE 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 25 LAWRENCE 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
2023 28 APR	£517,500	£710,648	27% below HPI
2011 18 APR	£302,500	£431,627	30% below HPI
1999 26 FEB	£125,000	£179,808	30% below HPI

25 LAWRENCE CLOSE 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 25 LAWRENCE CLOSE sales between February 1999 and April 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 April 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 25 LAWRENCE CLOSE?

25 LAWRENCE CLOSE is 123m² according to the EPC inspection conducted in February 2023. 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 25 LAWRENCE CLOSE lies on this distribution: 64% of detached houses are smaller than 25 LAWRENCE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Selsey.

25 LAWRENCE CLOSE: Plot and Title Map

25 LAWRENCE CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 25 LAWRENCE 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 25 LAWRENCE 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 25 LAWRENCE CLOSE?

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