1, DRIFT LANE, SELSEY, CHICHESTER, PO20 9BG - £210,000

1 DRIFT LANE is a small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £210,000 in July 2015, which was around 60% below the average July 2015 detached price in the Chichester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was D.

1 DRIFT LANE Sold Prices

Land registry data shows two sales for 1 DRIFT LANE 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 1 DRIFT LANE 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
2015 10 JUL	£210,000	£525,138	60% below HPI
1996 26 JUL	£28,000	£132,007	79% below HPI

1 DRIFT LANE 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 1 DRIFT LANE sales from July 1996 and July 2015 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 July 1996 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the July 2015 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 1 DRIFT LANE?

1 DRIFT LANE is 82m², which includes three extensions, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Selsey, based on EPC data. The below chart shows the distribution of detached houses by size in Selsey, and where 1 DRIFT LANE lies on this distribution: 25% of detached houses are smaller than 1 DRIFT LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Selsey.

1 DRIFT LANE: Plot and Title Map

1 DRIFT LANE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 1 DRIFT LANE, 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 1 DRIFT LANE). 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 1 DRIFT LANE?

1 DRIFT LANE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 1 on DRIFT LANE.