3, LAWRENCE CLOSE, SELSEY, CHICHESTER, PO20 0TN - £385,000

3 LAWRENCE CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £385,000 in November 2022, which was around 47% below the average November 2022 detached price in the Chichester local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

3 LAWRENCE CLOSE Sold Prices

Land registry data shows five sales for 3 LAWRENCE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the five 3 LAWRENCE 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
2022 21 NOV	£385,000	£731,524	47% below HPI
2018 16 OCT	£301,000	£623,925	52% below HPI
2018 28 JUN	£310,000	£589,151	47% below HPI
2012 5 NOV	£225,000	£456,132	51% below HPI
1998 19 OCT	£85,495	£171,808	50% below HPI

3 LAWRENCE 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 five 3 LAWRENCE CLOSE sales between October 1998 and November 2022 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 2018 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the November 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 3 LAWRENCE CLOSE?

3 LAWRENCE CLOSE is 77m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Selsey, based on EPC data. The below chart shows the distribution of detached houses by size in Selsey, and where 3 LAWRENCE CLOSE lies on this distribution: 19% of detached houses are smaller than 3 LAWRENCE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Selsey.

3 LAWRENCE CLOSE: Plot and Title Map

3 LAWRENCE CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 3 LAWRENCE 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 3 LAWRENCE 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 3 LAWRENCE CLOSE?

3 LAWRENCE CLOSE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 3 on LAWRENCE CLOSE.