CHESTNUT LODGE, YORK ROAD, SELSEY, CHICHESTER, PO20 0HZ - £536,000

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

CHESTNUT LODGE is a very large extended detached house of 149m², built sometime between 1900 and 1929. It was last sold for £536,000 in June 2021, which was around 13% below the average June 2021 detached price in the Chichester local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

CHESTNUT LODGE Sold Prices

Land registry data shows four sales for CHESTNUT LODGE 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 CHESTNUT LODGE 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
2021 28 JUN	£536,000	£617,712	13% below HPI
2015 13 MAR	£340,000	£504,297	33% below HPI
2007 21 FEB	£318,000	£414,049	23% below HPI
1996 30 OCT	£126,000	£136,408	8% below HPI

CHESTNUT LODGE 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 CHESTNUT LODGE sales between October 1996 and June 2021 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 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is CHESTNUT LODGE?

CHESTNUT LODGE is 149m², which includes four extensions, according to the EPC inspection conducted in January 2013. This puts it in the largest 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 CHESTNUT LODGE lies on this distribution: 81% of detached houses are smaller than CHESTNUT LODGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Selsey.

CHESTNUT LODGE: Plot and Title Map

CHESTNUT LODGE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of CHESTNUT LODGE, 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 CHESTNUT LODGE). 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 CHESTNUT LODGE?

CHESTNUT LODGE is located on YORK ROAD in SELSEY, in the PO20 postcode district. The below map shows the position of CHESTNUT LODGE on YORK ROAD.