THE FIRS, SELSEY ROAD, SIDLESHAM, CHICHESTER, PO20 7LR - £625,000

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

THE FIRS is a midsized extended detached house of 163m², built sometime between 1930 and 1949. It was last sold for £625,000 in March 2024, which was around 10% below the average March 2024 detached price in the Chichester local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was A.

THE FIRS Sold Prices

Land registry data shows five sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the five THE FIRS 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
2024 1 MAR	£625,000	£691,603	10% below HPI
2013 9 DEC	£362,500	£456,544	21% below HPI
2008 28 MAR	£350,000	£410,113	15% below HPI
2003 21 AUG	£269,950	£346,359	22% below HPI
1998 16 JAN	£125,000	£157,755	21% below HPI

THE FIRS 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 five THE FIRS sales between January 1998 and March 2024 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 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is THE FIRS?

THE FIRS is 163m², which includes four extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% of detached houses in Sidlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Sidlesham, and where THE FIRS lies on this distribution: 56% of detached houses are smaller than THE FIRS, and 44% of houses are larger. Note that EPC data is not available for all properties in Sidlesham.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of THE FIRS, 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 THE FIRS). 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 THE FIRS?

THE FIRS is located on SELSEY ROAD in SIDLESHAM, in the PO20 postcode district. The below map shows the position of THE FIRS on SELSEY ROAD.