3, BEACON DRIVE, SELSEY, CHICHESTER, PO20 0TW - £327,000

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

3 BEACON DRIVE is a midsized extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £327,000 in December 2014, which was around 34% below the average December 2014 detached price in the Chichester local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

3 BEACON DRIVE Sold Prices

Land registry data shows three sales for 3 BEACON DRIVE 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 3 BEACON DRIVE 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
2014 11 DEC	£327,000	£497,296	34% below HPI
2001 28 SEP	£180,000	£258,178	30% below HPI
1999 6 JUL	£134,995	£181,793	26% below HPI

3 BEACON DRIVE 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 3 BEACON DRIVE sales between July 1999 and December 2014 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 September 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 BEACON DRIVE?

3 BEACON DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 50% of detached houses in Selsey, based on EPC data. The below chart shows the distribution of detached houses by size in Selsey, and where 3 BEACON DRIVE lies on this distribution: 59% of detached houses are smaller than 3 BEACON DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Selsey.

3 BEACON DRIVE: Plot and Title Map

3 BEACON DRIVE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 3 BEACON DRIVE, 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 3 BEACON DRIVE). 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 3 BEACON DRIVE?

3 BEACON DRIVE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 3 on BEACON DRIVE.