79, DRIFT ROAD, SELSEY, CHICHESTER, PO20 0PN - £460,000

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

79 DRIFT ROAD is a very small extended detached house of 71m², built sometime between 1967 and 1975. It was last sold for £460,000 in August 2023, which was around 35% below the average August 2023 detached price in the Chichester local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

79 DRIFT ROAD Sold Prices

Land registry data shows four sales for 79 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 79 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
2023 24 AUG	£460,000	£706,625	35% below HPI
2016 1 JUL	£278,000	£560,638	50% below HPI
2004 23 SEP	£205,000	£376,000	45% below HPI
1996 1 NOV	£75,000	£136,419	45% below HPI

79 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 79 DRIFT ROAD sales between November 1996 and August 2023 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 July 2016 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 79 DRIFT ROAD?

79 DRIFT ROAD is 71m², which includes one extension, according to the EPC inspection conducted in May 2023. 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 79 DRIFT ROAD lies on this distribution: 13% of detached houses are smaller than 79 DRIFT ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Selsey.

79 DRIFT ROAD: Plot and Title Map

79 DRIFT ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 79 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 79 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 79 DRIFT ROAD?

79 DRIFT ROAD is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 79 on DRIFT ROAD.