8, WIGHT WAY, SELSEY, CHICHESTER, PO20 0UD - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 WIGHT WAY is a large detached house of 128m², built sometime between 1991 and 1995, which could now be worth an estimated £537,946. It was last sold for £310,000 in August 2006, which was around 24% below the average August 2006 detached price in the Chichester local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

8 WIGHT WAY Sold Prices

Land registry data shows four sales for 8 WIGHT 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 8 WIGHT 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
2006 25 AUG	£310,000	£407,962	24% below HPI
2002 23 JUL	£227,500	£285,507	20% below HPI
1999 17 DEC	£158,800	£198,645	20% below HPI
1998 28 AUG	£136,950	£178,109	23% below HPI

8 WIGHT 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 8 WIGHT WAY sales between August 1998 and August 2006 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 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2006 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 8 WIGHT WAY be worth now?

8 WIGHT WAY might now be worth an estimated £537,946.

This is based on house price inflation of 73.5%, between August 2006 and December 2024, 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 73.5% inflationary increase is applied to the most recent sale price for 8 WIGHT WAY of £310,000 on 25th August 2006. For the value to have increased from £310,000 to £537,946 over the seventeen years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 WIGHT WAY has moved in line with the HPI for detached houses in the Chichester local authority area.
• The August 2006 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WIGHT WAY has not materially changed since August 2006.

How Large is 8 WIGHT WAY?

8 WIGHT WAY is 128m² according to the EPC inspection conducted in June 2021. This puts it in the largest 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 8 WIGHT WAY lies on this distribution: 68% of detached houses houses are smaller than 8 WIGHT WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Selsey.

8 WIGHT WAY: Plot and Title Map

8 WIGHT WAY sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 8 WIGHT 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 8 WIGHT 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 8 WIGHT WAY?

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