WALNUT TREE COTTAGE, ELM GROVE, SELSEY, CHICHESTER, PO20 0RP - £226,000

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

WALNUT TREE COTTAGE is a small detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £275,258. It was last sold for £226,000 in April 2017, which was around 62% below the average April 2017 detached price in the Chichester local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

WALNUT TREE COTTAGE Sold Prices

Land registry data shows two sales for WALNUT TREE COTTAGE 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 WALNUT TREE COTTAGE 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 11 APR	£226,000	£588,510	62% below HPI
1997 15 OCT	£69,000	£160,306	57% below HPI

WALNUT TREE COTTAGE 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 WALNUT TREE COTTAGE sales from October 1997 and April 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 October 1997 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the April 2017 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

What might WALNUT TREE COTTAGE be worth now?

WALNUT TREE COTTAGE might now be worth an estimated £275,258.

This is based on house price inflation of 21.8%, between April 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 21.8% inflationary increase is applied to the most recent sale price for WALNUT TREE COTTAGE of £226,000 on 11th April 2017. For the value to have increased from £226,000 to £275,258 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of WALNUT TREE COTTAGE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The April 2017 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of WALNUT TREE COTTAGE has not materially changed since April 2017.

How Large is WALNUT TREE COTTAGE?

WALNUT TREE COTTAGE is 83m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% 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 WALNUT TREE COTTAGE lies on this distribution: 27% of detached houses houses are smaller than WALNUT TREE COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Selsey.

WALNUT TREE COTTAGE: Plot and Title Map

WALNUT TREE COTTAGE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of WALNUT TREE COTTAGE, 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 WALNUT TREE COTTAGE). 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 WALNUT TREE COTTAGE?

WALNUT TREE COTTAGE is located on ELM GROVE in SELSEY, in the PO20 postcode district. The below map shows the position of WALNUT TREE COTTAGE on ELM GROVE.