27, LIFEBOAT WAY, SELSEY, CHICHESTER, PO20 0TX - £656,000

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.

27 LIFEBOAT WAY is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £646,013. It was last sold for £656,000 in August 2022, which was around 10% below the average August 2022 detached price in the Chichester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

27 LIFEBOAT WAY Sold Prices

Land registry data shows two sales for 27 LIFEBOAT WAY 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 27 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
2022 23 AUG	£656,000	£727,861	10% below HPI
1997 7 NOV	£127,500	£159,110	20% below HPI

27 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 two 27 LIFEBOAT WAY sales from November 1997 and August 2022 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 November 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 27 LIFEBOAT WAY be worth now?

27 LIFEBOAT WAY might now be worth an estimated £646,013.

This is based on house price deflation of 1.5%, between August 2022 and February 2025, for 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 1.5% deflationary decrease is applied to the most recent sale price for 27 LIFEBOAT WAY of £656,000 on 23rd August 2022. For the value to have decreased from £656,000 to £646,013 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 27 LIFEBOAT WAY has moved in line with the HPI for detached houses in the Chichester local authority area.
• The August 2022 sale price of £656,000 represented a fair market value for the property.
• The size, condition, and specification of 27 LIFEBOAT WAY has not materially changed since August 2022.

How Large is 27 LIFEBOAT WAY?

27 LIFEBOAT WAY is 125m² according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses houses in Selsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Selsey, and where 27 LIFEBOAT WAY lies on this distribution: 66% of detached houses houses are smaller than 27 LIFEBOAT WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Selsey.

27 LIFEBOAT WAY: Plot and Title Map

27 LIFEBOAT WAY sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 27 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 27 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 27 LIFEBOAT WAY?

27 LIFEBOAT WAY is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 27 on LIFEBOAT WAY.