31, THE HORSESHOE, SELSEY, CHICHESTER, PO20 9ES - £412,000

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 THE HORSESHOE is a very small detached house of 62m², built sometime between 1983 and 1990, which could now be worth an estimated £418,452. It was last sold for £412,000 in May 2024, which was around 42% below the average May 2024 detached price in the Chichester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

31 THE HORSESHOE Sold Prices

Land registry data shows three sales for 31 THE HORSESHOE 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 31 THE HORSESHOE 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
2024 24 MAY	£412,000	£705,728	42% below HPI
2014 6 AUG	£234,500	£499,794	53% below HPI
1998 1 MAY	£85,000	£168,412	50% below HPI

31 THE HORSESHOE 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 31 THE HORSESHOE sales between May 1998 and May 2024 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 August 2014 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2024 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 31 THE HORSESHOE be worth now?

31 THE HORSESHOE might now be worth an estimated £418,452.

This is based on house price inflation of 1.6%, between May 2024 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 1.6% inflationary increase is applied to the most recent sale price for 31 THE HORSESHOE of £412,000 on 24th May 2024. For the value to have increased from £412,000 to £418,452 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 31 THE HORSESHOE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The May 2024 sale price of £412,000 represented a fair market value for the property.
• The size, condition, and specification of 31 THE HORSESHOE has not materially changed since May 2024.

How Large is 31 THE HORSESHOE?

31 THE HORSESHOE is 62m² according to the EPC inspection conducted in June 2014. 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 THE HORSESHOE lies on this distribution: 6% of detached houses houses are smaller than 31 THE HORSESHOE, and 94% of houses are larger. Note that EPC data is not available for all properties in Selsey.

31 THE HORSESHOE: Plot and Title Map

31 THE HORSESHOE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 31 THE HORSESHOE, 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 THE HORSESHOE). 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 THE HORSESHOE?

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