53, DRIFT ROAD, SELSEY, CHICHESTER, PO20 0PP - £322,500

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.

53 DRIFT ROAD is a very small extended semi-detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £336,944. It was last sold for £322,500 in July 2022, which was around 24% below the average July 2022 semi-detached price in the Chichester local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

53 DRIFT ROAD Sold Prices

Land registry data shows six sales for 53 DRIFT ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Chichester local authority area for the corresponding sale date. All of the six 53 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
2022 1 JUL	£322,500	£427,019	24% below HPI
2018 20 SEP	£255,000	£384,313	34% below HPI
2003 2 OCT	£157,950	£208,872	24% below HPI
1999 7 JUN	£76,000	£105,869	28% below HPI
1998 17 APR	£69,000	£97,130	29% below HPI
1997 11 APR	£57,000	£83,792	32% below HPI

53 DRIFT ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chichester local authority area over time, sourced from the HPI. The six 53 DRIFT ROAD sales between April 1997 and July 2022 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 September 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 53 DRIFT ROAD be worth now?

53 DRIFT ROAD might now be worth an estimated £336,944.

This is based on house price inflation of 4.5%, between July 2022 and February 2025, for semi-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 4.5% inflationary increase is applied to the most recent sale price for 53 DRIFT ROAD of £322,500 on 1st July 2022. For the value to have increased from £322,500 to £336,944 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 53 DRIFT ROAD has moved in line with the HPI for semi-detached houses in the Chichester local authority area.
• The July 2022 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 53 DRIFT ROAD has not materially changed since July 2022.

How Large is 53 DRIFT ROAD?

53 DRIFT ROAD is 71m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of semi-detached houses houses in Selsey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Selsey, and where 53 DRIFT ROAD lies on this distribution: 13% of semi-detached houses houses are smaller than 53 DRIFT ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Selsey.

53 DRIFT ROAD: Plot and Title Map

53 DRIFT ROAD sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 53 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 53 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 53 DRIFT ROAD?

53 DRIFT ROAD is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 53 on DRIFT ROAD.