16, SOLENT WAY, SELSEY, CHICHESTER, PO20 0JR - £185,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 SOLENT WAY is a very small terraced house of 46m², built sometime between 1976 and 1982, which could now be worth an estimated £207,796. It was last sold for £185,000 in March 2018, which was around 39% below the average March 2018 terraced price in the Chichester local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

16 SOLENT WAY Sold Prices

Land registry data shows three sales for 16 SOLENT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Chichester local authority area for the corresponding sale date. All of the three 16 SOLENT WAY 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
2018 9 MAR	£185,000	£302,515	39% below HPI
2010 14 OCT	£148,000	£229,240	35% below HPI
2001 31 AUG	£84,950	£118,885	29% below HPI

16 SOLENT WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chichester local authority area over time, sourced from the HPI. The three 16 SOLENT WAY sales between August 2001 and March 2018 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 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 16 SOLENT WAY be worth now?

16 SOLENT WAY might now be worth an estimated £207,796.

This is based on house price inflation of 12.3%, between March 2018 and June 2025, for terraced 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 12.3% inflationary increase is applied to the most recent sale price for 16 SOLENT WAY of £185,000 on 9th March 2018. For the value to have increased from £185,000 to £207,796 over the six years and nine months to June 2025, the following assumptions must hold true:

• The value of 16 SOLENT WAY has moved in line with the HPI for terraced houses in the Chichester local authority area.
• The March 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SOLENT WAY has not materially changed since March 2018.

How Large is 16 SOLENT WAY?

16 SOLENT WAY is 46m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of terraced houses houses in Selsey, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Selsey, and where 16 SOLENT WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 16 SOLENT WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Selsey.

16 SOLENT WAY: Plot and Title Map

16 SOLENT WAY sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 16 SOLENT WAY, 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 16 SOLENT WAY). 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 16 SOLENT WAY?

16 SOLENT WAY is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 16 on SOLENT WAY.