5, MARISFIELD PLACE, SELSEY, CHICHESTER, PO20 0PD - £340,000

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.

5 MARISFIELD PLACE is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £386,079. It was last sold for £340,000 in June 2021, which was around 46% below the average June 2021 detached price in the Chichester local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was B.

5 MARISFIELD PLACE Sold Prices

Land registry data shows two sales for 5 MARISFIELD PLACE 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 5 MARISFIELD PLACE 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
2021 29 JUN	£340,000	£631,231	46% below HPI
1995 19 OCT	£78,500	£129,667	39% below HPI

5 MARISFIELD PLACE 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 5 MARISFIELD PLACE sales from October 1995 and June 2021 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 October 1995 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2021 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 5 MARISFIELD PLACE be worth now?

5 MARISFIELD PLACE might now be worth an estimated £386,079.

This is based on house price inflation of 13.6%, between June 2021 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 13.6% inflationary increase is applied to the most recent sale price for 5 MARISFIELD PLACE of £340,000 on 29th June 2021. For the value to have increased from £340,000 to £386,079 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 MARISFIELD PLACE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The June 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MARISFIELD PLACE has not materially changed since June 2021.

How Large is 5 MARISFIELD PLACE?

5 MARISFIELD PLACE is 75m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% 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 5 MARISFIELD PLACE lies on this distribution: 17% of detached houses houses are smaller than 5 MARISFIELD PLACE, and 81% of houses are larger. Note that EPC data is not available for all properties in Selsey.

5 MARISFIELD PLACE: Plot and Title Map

5 MARISFIELD PLACE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 5 MARISFIELD PLACE, 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 5 MARISFIELD PLACE). 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 5 MARISFIELD PLACE?

5 MARISFIELD PLACE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 5 on MARISFIELD PLACE.