6, LIFEBOAT WAY, SELSEY, CHICHESTER, PO20 0TT - £290,000

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.

6 LIFEBOAT WAY is a large extended detached house of 130m², built sometime between 1991 and 1995, which could now be worth an estimated £437,289. It was last sold for £290,000 in March 2014, which was around 39% below the average March 2014 detached price in the Chichester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

6 LIFEBOAT WAY Sold Prices

Land registry data shows four sales for 6 LIFEBOAT WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four 6 LIFEBOAT WAY 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
2014 14 MAR	£290,000	£475,352	39% below HPI
2000 29 SEP	£144,950	£236,803	39% below HPI
1998 2 NOV	£123,500	£172,961	29% below HPI
1997 1 JUL	£113,000	£155,533	27% below HPI

6 LIFEBOAT WAY 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 four 6 LIFEBOAT WAY sales between July 1997 and March 2014 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 2000 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2014 sale, which was also at 39% below the HPI.

What might 6 LIFEBOAT WAY be worth now?

6 LIFEBOAT WAY might now be worth an estimated £437,289.

This is based on house price inflation of 50.8%, between March 2014 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 50.8% inflationary increase is applied to the most recent sale price for 6 LIFEBOAT WAY of £290,000 on 14th March 2014. For the value to have increased from £290,000 to £437,289 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 6 LIFEBOAT WAY has moved in line with the HPI for detached houses in the Chichester local authority area.
• The March 2014 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 6 LIFEBOAT WAY has not materially changed since March 2014.

How Large is 6 LIFEBOAT WAY?

6 LIFEBOAT WAY is 130m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% 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 6 LIFEBOAT WAY lies on this distribution: 70% of detached houses houses are smaller than 6 LIFEBOAT WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Selsey.

6 LIFEBOAT WAY: Plot and Title Map

6 LIFEBOAT WAY sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 6 LIFEBOAT WAY, 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 6 LIFEBOAT WAY). 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 6 LIFEBOAT WAY?

6 LIFEBOAT WAY is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 6 on LIFEBOAT WAY.