31, LIFEBOAT WAY, SELSEY, CHICHESTER, PO20 0TX - £595,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 LIFEBOAT WAY is a very large detached house of 158m², built sometime between 1996 and 2002. It was last sold for £595,000 in June 2021, which was around 4% below the average June 2021 detached price in the Chichester local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

31 LIFEBOAT WAY Sold Prices

Land registry data shows two sales for 31 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 31 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
2021 28 JUN	£595,000	£617,712	4% below HPI
1997 3 NOV	£124,000	£155,703	20% below HPI

31 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 31 LIFEBOAT WAY sales from November 1997 and June 2021 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 June 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 31 LIFEBOAT WAY?

31 LIFEBOAT WAY is 158m² according to the EPC inspection conducted in May 2011. This puts it in the largest 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 31 LIFEBOAT WAY lies on this distribution: 85% of detached houses are smaller than 31 LIFEBOAT WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Selsey.

31 LIFEBOAT WAY: Plot and Title Map

31 LIFEBOAT WAY sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 31 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 31 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 31 LIFEBOAT WAY?

31 LIFEBOAT WAY is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 31 on LIFEBOAT WAY.