24, SPINNEY CLOSE, SELSEY, CHICHESTER, PO20 9JD - £307,000

24 SPINNEY CLOSE is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £307,000 in June 2021, which was around 50% below the average June 2021 detached price in the Chichester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was A.

24 SPINNEY CLOSE Sold Prices

Land registry data shows three sales for 24 SPINNEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 24 SPINNEY 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
2021 28 JUN	£307,000	£617,712	50% below HPI
2009 26 OCT	£180,000	£410,159	56% below HPI
1999 29 SEP	£90,000	£196,558	54% below HPI

24 SPINNEY CLOSE 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 three 24 SPINNEY CLOSE sales between September 1999 and June 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 October 2009 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2021 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 24 SPINNEY CLOSE?

24 SPINNEY CLOSE is 60m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Selsey, based on EPC data. The below chart shows the distribution of detached houses by size in Selsey, and where 24 SPINNEY CLOSE lies on this distribution: 4% of detached houses are smaller than 24 SPINNEY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Selsey.

24 SPINNEY CLOSE: Plot and Title Map

24 SPINNEY CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 24 SPINNEY 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 24 SPINNEY 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 24 SPINNEY CLOSE?

24 SPINNEY CLOSE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 24 on SPINNEY CLOSE.