WAYSIDE, WESTERN ROAD, SELSEY, CHICHESTER, PO20 0JP - £348,000

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

WAYSIDE is a large extended detached house of 134m², built sometime between 1930 and 1949, which could now be worth an estimated £526,852. It was last sold for £348,000 in February 2014, which was around 26% below the average February 2014 detached price in the Chichester local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

WAYSIDE Sold Prices

Land registry data shows four sales for WAYSIDE 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 WAYSIDE 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
2014 21 FEB	£348,000	£467,614	26% below HPI
2007 23 AUG	£300,000	£433,730	31% below HPI
1999 14 OCT	£105,000	£202,275	48% below HPI
1999 29 JAN	£81,000	£180,182	55% below HPI

WAYSIDE 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 WAYSIDE sales between January 1999 and February 2014 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 August 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might WAYSIDE be worth now?

WAYSIDE might now be worth an estimated £526,852.

This is based on house price inflation of 51.4%, between February 2014 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 51.4% inflationary increase is applied to the most recent sale price for WAYSIDE of £348,000 on 21st February 2014. For the value to have increased from £348,000 to £526,852 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of WAYSIDE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The February 2014 sale price of £348,000 represented a fair market value for the property.
• The size, condition, and specification of WAYSIDE has not materially changed since February 2014.

How Large is WAYSIDE?

WAYSIDE is 134m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 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 WAYSIDE lies on this distribution: 73% of detached houses houses are smaller than WAYSIDE, and 27% of houses are larger. Note that EPC data is not available for all properties in Selsey.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of WAYSIDE, 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 WAYSIDE). 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 WAYSIDE?

WAYSIDE is located on WESTERN ROAD in SELSEY, in the PO20 postcode district. The below map shows the position of WAYSIDE on WESTERN ROAD.