40, GREEN LANE, SELSEY, CHICHESTER, PO20 0AG - £268,000

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

40 GREEN LANE is a midsized extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £268,000 in November 2012, which was around 41% below the average November 2012 detached price in the Chichester local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

40 GREEN LANE Sold Prices

Land registry data shows three sales for 40 GREEN LANE 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 40 GREEN LANE 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
2012 19 NOV	£268,000	£456,132	41% below HPI
2005 18 MAY	£249,950	£367,036	32% below HPI
1998 15 SEP	£115,000	£172,287	33% below HPI

40 GREEN LANE 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 40 GREEN LANE sales between September 1998 and November 2012 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 May 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 40 GREEN LANE?

40 GREEN LANE is 95m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 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 40 GREEN LANE lies on this distribution: 42% of detached houses are smaller than 40 GREEN LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Selsey.

40 GREEN LANE: Plot and Title Map

40 GREEN LANE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 40 GREEN LANE, 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 40 GREEN LANE). 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 40 GREEN LANE?

40 GREEN LANE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 40 on GREEN LANE.