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
47 MILLINGTON DRIVE is a midsized detached house of 95m², built sometime between 1983 and 1990. It was last sold for £345,000 in October 2023, which was around 51% below the average October 2023 detached price in the Chichester local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 47 MILLINGTON DRIVE since 1st 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 47 MILLINGTON DRIVE 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 |
---|---|---|---|
2023 30 OCT | £345,000 | £710,726 | 51% below HPI |
2015 20 JAN | £265,000 | £502,935 | 47% below HPI |
2005 18 MAR | £200,000 | £359,924 | 44% below HPI |
The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The three 47 MILLINGTON DRIVE sales between March 2005 and October 2023 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 January 2015 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2023 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.
47 MILLINGTON DRIVE is 95m² according to the EPC inspection conducted in October 2023. 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 47 MILLINGTON DRIVE lies on this distribution: 41% of detached houses are smaller than 47 MILLINGTON DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Selsey.
47 MILLINGTON DRIVE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 47 MILLINGTON DRIVE, 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 47 MILLINGTON DRIVE). 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.
47 MILLINGTON DRIVE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 47 on MILLINGTON DRIVE.