41, DRIFT ROAD, SELSEY, CHICHESTER, PO20 0PW - £345,950

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

41 DRIFT ROAD is a midsized extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £345,950 in December 2019, which was around 42% below the average December 2019 detached price in the Chichester local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

41 DRIFT ROAD Sold Prices

Land registry data shows three sales for 41 DRIFT ROAD 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 41 DRIFT 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
2019 19 DEC	£345,950	£592,414	42% below HPI
2015 28 AUG	£290,000	£531,045	45% below HPI
2004 30 MAR	£205,000	£368,754	44% below HPI

41 DRIFT 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 three 41 DRIFT ROAD sales between March 2004 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 August 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 41 DRIFT ROAD?

41 DRIFT ROAD is 97m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 41 DRIFT ROAD lies on this distribution: 43% of detached houses are smaller than 41 DRIFT ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Selsey.

41 DRIFT ROAD: Plot and Title Map

41 DRIFT ROAD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 41 DRIFT 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 41 DRIFT 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 41 DRIFT ROAD?

41 DRIFT ROAD is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 41 on DRIFT ROAD.