31, MALTHOUSE ROAD, SELSEY, CHICHESTER, PO20 0QU - £280,000

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.

31 MALTHOUSE ROAD is a very small detached house of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £304,332. It was last sold for £280,000 in November 2020, which was around 58% below the average November 2020 detached price in the Chichester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

31 MALTHOUSE ROAD Sold Prices

Land registry data shows two sales for 31 MALTHOUSE ROAD 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 MALTHOUSE ROAD 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
2020 13 NOV	£280,000	£659,471	58% below HPI
2007 27 JUN	£215,000	£428,201	50% below HPI

31 MALTHOUSE ROAD 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 MALTHOUSE ROAD sales from June 2007 and November 2020 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 June 2007 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2020 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 31 MALTHOUSE ROAD be worth now?

31 MALTHOUSE ROAD might now be worth an estimated £304,332.

This is based on house price inflation of 8.7%, between November 2020 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 8.7% inflationary increase is applied to the most recent sale price for 31 MALTHOUSE ROAD of £280,000 on 13th November 2020. For the value to have increased from £280,000 to £304,332 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 31 MALTHOUSE ROAD has moved in line with the HPI for detached houses in the Chichester local authority area.
• The November 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MALTHOUSE ROAD has not materially changed since November 2020.

How Large is 31 MALTHOUSE ROAD?

31 MALTHOUSE ROAD is 56m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% 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 31 MALTHOUSE ROAD lies on this distribution: 1% of detached houses houses are smaller than 31 MALTHOUSE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Selsey.

31 MALTHOUSE ROAD: Plot and Title Map

31 MALTHOUSE ROAD sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 31 MALTHOUSE ROAD, 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 MALTHOUSE ROAD). 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 MALTHOUSE ROAD?

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