7, CROFT WAY, SELSEY, CHICHESTER, PO20 0QP - £339,000

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.

7 CROFT WAY is a small extended detached house of 92m², built sometime between 1930 and 1949, which could now be worth an estimated £386,367. It was last sold for £339,000 in August 2020, which was around 46% below the average August 2020 detached price in the Chichester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was B.

7 CROFT WAY Sold Prices

Land registry data shows two sales for 7 CROFT WAY 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 7 CROFT 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
2020 19 AUG	£339,000	£628,906	46% below HPI
2013 7 AUG	£235,000	£459,873	49% below HPI

7 CROFT 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 two 7 CROFT WAY sales from August 2013 and August 2020 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 2013 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2020 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 7 CROFT WAY be worth now?

7 CROFT WAY might now be worth an estimated £386,367.

This is based on house price inflation of 14%, between August 2020 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 14% inflationary increase is applied to the most recent sale price for 7 CROFT WAY of £339,000 on 19th August 2020. For the value to have increased from £339,000 to £386,367 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 7 CROFT WAY has moved in line with the HPI for detached houses in the Chichester local authority area.
• The August 2020 sale price of £339,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CROFT WAY has not materially changed since August 2020.

How Large is 7 CROFT WAY?

7 CROFT WAY is 92m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% 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 7 CROFT WAY lies on this distribution: 40% of detached houses houses are smaller than 7 CROFT WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Selsey.

7 CROFT WAY: Plot and Title Map

7 CROFT WAY sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 7 CROFT 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 7 CROFT 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 7 CROFT WAY?

7 CROFT WAY is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 7 on CROFT WAY.