21, ELM TREE CLOSE, SELSEY, CHICHESTER, PO20 0SQ - £279,950

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.

21 ELM TREE CLOSE is a midsized extended semi-detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £348,732. It was last sold for £279,950 in December 2016, which was around 17% below the average December 2016 semi-detached price in the Chichester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

21 ELM TREE CLOSE Sold Prices

Land registry data shows four sales for 21 ELM TREE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Chichester local authority area for the corresponding sale date. All of the four 21 ELM TREE CLOSE 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
2016 8 DEC	£279,950	£338,945	17% below HPI
2014 6 NOV	£200,000	£309,285	35% below HPI
2012 1 JUN	£168,000	£272,924	38% below HPI
1996 17 MAY	£64,000	£79,595	20% below HPI

21 ELM TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chichester local authority area over time, sourced from the HPI. The four 21 ELM TREE CLOSE sales between May 1996 and December 2016 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 November 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 21 ELM TREE CLOSE be worth now?

21 ELM TREE CLOSE might now be worth an estimated £348,732.

This is based on house price inflation of 24.6%, between December 2016 and June 2025, for semi-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 24.6% inflationary increase is applied to the most recent sale price for 21 ELM TREE CLOSE of £279,950 on 8th December 2016. For the value to have increased from £279,950 to £348,732 over the nine years and six months to June 2025, the following assumptions must hold true:

• The value of 21 ELM TREE CLOSE has moved in line with the HPI for semi-detached houses in the Chichester local authority area.
• The December 2016 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 21 ELM TREE CLOSE has not materially changed since December 2016.

How Large is 21 ELM TREE CLOSE?

21 ELM TREE CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of semi-detached houses houses in Selsey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Selsey, and where 21 ELM TREE CLOSE lies on this distribution: 41% of semi-detached houses houses are smaller than 21 ELM TREE CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Selsey.

21 ELM TREE CLOSE: Plot and Title Map

21 ELM TREE CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 21 ELM TREE CLOSE, 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 21 ELM TREE CLOSE). 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 21 ELM TREE CLOSE?

21 ELM TREE CLOSE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 21 on ELM TREE CLOSE.