77, DRIFT ROAD, SELSEY, CHICHESTER, PO20 0PN - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

77 DRIFT ROAD is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £400,000 in February 2022, which was around 41% below the average February 2022 detached price in the Chichester local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

77 DRIFT ROAD Sold Prices

Land registry data shows four sales for 77 DRIFT ROAD 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 77 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 10 FEB	£400,000	£678,656	41% below HPI
2015 4 AUG	£265,000	£531,045	50% below HPI
2007 25 MAY	£219,500	£419,279	48% below HPI
2001 14 JUN	£125,000	£253,426	51% below HPI

77 DRIFT ROAD 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 77 DRIFT ROAD sales between June 2001 and February 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 August 2015 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2022 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 77 DRIFT ROAD?

77 DRIFT ROAD is 69m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Selsey, based on EPC data. The below chart shows the distribution of detached houses by size in Selsey, and where 77 DRIFT ROAD lies on this distribution: 10% of detached houses are smaller than 77 DRIFT ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Selsey.

77 DRIFT ROAD: Plot and Title Map

77 DRIFT ROAD sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 77 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 77 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 77 DRIFT ROAD?

77 DRIFT ROAD is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 77 on DRIFT ROAD.