21, LIFEBOAT WAY, SELSEY, CHICHESTER, PO20 0TX - £325,000

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.

21 LIFEBOAT WAY is a midsized terraced house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £348,181. It was last sold for £325,000 in April 2021, which was around 2% above the average April 2021 terraced price in the Chichester local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

21 LIFEBOAT WAY Sold Prices

Land registry data shows five sales for 21 LIFEBOAT WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Chichester local authority area for the corresponding sale date. All of the five 21 LIFEBOAT WAY sales were for above 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
2021 21 APR	£325,000	£317,169	2% above HPI
2013 7 AUG	£237,500	£232,016	2% above HPI
2008 27 JUN	£247,000	£227,553	9% above HPI
2005 20 JUL	£208,000	£191,532	9% above HPI
1998 20 FEB	£86,500	£75,157	15% above HPI

21 LIFEBOAT 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 five 21 LIFEBOAT WAY sales between February 1998 and April 2021 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 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2021 sale, which was also at 2% above the HPI.

What might 21 LIFEBOAT WAY be worth now?

21 LIFEBOAT WAY might now be worth an estimated £348,181.

This is based on house price inflation of 7.1%, between April 2021 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 7.1% inflationary increase is applied to the most recent sale price for 21 LIFEBOAT WAY of £325,000 on 21st April 2021. For the value to have increased from £325,000 to £348,181 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 21 LIFEBOAT WAY has moved in line with the HPI for terraced houses in the Chichester local authority area.
• The April 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 21 LIFEBOAT WAY has not materially changed since April 2021.

How Large is 21 LIFEBOAT WAY?

21 LIFEBOAT WAY is 97m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% 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 21 LIFEBOAT WAY lies on this distribution: 43% of terraced houses houses are smaller than 21 LIFEBOAT WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Selsey.

21 LIFEBOAT WAY: Plot and Title Map

21 LIFEBOAT WAY sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 21 LIFEBOAT 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 21 LIFEBOAT 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 21 LIFEBOAT WAY?

21 LIFEBOAT WAY is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 21 on LIFEBOAT WAY.