3, SOLENT WAY, SELSEY, CHICHESTER, PO20 0JR - £342,000

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.

3 SOLENT WAY is a small detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £404,934. It was last sold for £342,000 in December 2019, which was around 44% below the average December 2019 detached price in the Chichester local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

3 SOLENT WAY Sold Prices

Land registry data shows two sales for 3 SOLENT 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 3 SOLENT 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
2019 6 DEC	£342,000	£605,379	44% below HPI
2005 15 SEP	£250,000	£383,492	35% below HPI

3 SOLENT 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 3 SOLENT WAY sales from September 2005 and December 2019 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 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 3 SOLENT WAY be worth now?

3 SOLENT WAY might now be worth an estimated £404,934.

This is based on house price inflation of 18.4%, between December 2019 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 18.4% inflationary increase is applied to the most recent sale price for 3 SOLENT WAY of £342,000 on 6th December 2019. For the value to have increased from £342,000 to £404,934 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 SOLENT WAY has moved in line with the HPI for detached houses in the Chichester local authority area.
• The December 2019 sale price of £342,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SOLENT WAY has not materially changed since December 2019.

How Large is 3 SOLENT WAY?

3 SOLENT WAY is 82m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% 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 3 SOLENT WAY lies on this distribution: 26% of detached houses houses are smaller than 3 SOLENT WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Selsey.

3 SOLENT WAY: Plot and Title Map

3 SOLENT WAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 3 SOLENT 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 3 SOLENT 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 3 SOLENT WAY?

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