8, PARK CRESCENT, SELSEY, CHICHESTER, PO20 0HB - £265,000

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.

8 PARK CRESCENT is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £326,088. It was last sold for £265,000 in May 2017, which was around 55% below the average May 2017 detached price in the Chichester local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

8 PARK CRESCENT Sold Prices

Land registry data shows two sales for 8 PARK CRESCENT 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 8 PARK CRESCENT 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
2017 15 MAY	£265,000	£582,502	55% below HPI
2003 12 DEC	£173,000	£350,319	51% below HPI

8 PARK CRESCENT 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 8 PARK CRESCENT sales from December 2003 and May 2017 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 December 2003 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the May 2017 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 8 PARK CRESCENT be worth now?

8 PARK CRESCENT might now be worth an estimated £326,088.

This is based on house price inflation of 23.1%, between May 2017 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 23.1% inflationary increase is applied to the most recent sale price for 8 PARK CRESCENT of £265,000 on 15th May 2017. For the value to have increased from £265,000 to £326,088 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 8 PARK CRESCENT has moved in line with the HPI for detached houses in the Chichester local authority area.
• The May 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PARK CRESCENT has not materially changed since May 2017.

How Large is 8 PARK CRESCENT?

8 PARK CRESCENT is 64m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% 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 8 PARK CRESCENT lies on this distribution: 7% of detached houses houses are smaller than 8 PARK CRESCENT, and 92% of houses are larger. Note that EPC data is not available for all properties in Selsey.

8 PARK CRESCENT: Plot and Title Map

8 PARK CRESCENT sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 8 PARK CRESCENT, 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 8 PARK CRESCENT). 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 8 PARK CRESCENT?

8 PARK CRESCENT is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 8 on PARK CRESCENT.