9, SILVER WAY, BRACKLESHAM BAY, CHICHESTER, PO20 8JR - £245,000

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

9 SILVER WAY is a small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £245,000 in February 2012, which was around 41% below the average February 2012 detached price in the Chichester local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

9 SILVER WAY Sold Prices

Land registry data shows three sales for 9 SILVER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 9 SILVER 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
2012 20 FEB	£245,000	£418,458	41% below HPI
2000 3 MAR	£134,950	£214,665	37% below HPI
1996 5 JUL	£77,000	£132,007	42% below HPI

9 SILVER 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 three 9 SILVER WAY sales between July 1996 and February 2012 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 March 2000 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 9 SILVER WAY?

9 SILVER WAY is 94m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% of detached houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses by size in East Wittering, and where 9 SILVER WAY lies on this distribution: 36% of detached houses are smaller than 9 SILVER WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

9 SILVER WAY: Plot and Title Map

9 SILVER WAY sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 9 SILVER 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 9 SILVER 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 9 SILVER WAY?

9 SILVER WAY is located in BRACKLESHAM BAY, in the PO20 postcode district. The below map shows the position of No. 9 on SILVER WAY.