41, MERRYFIELD DRIVE, SELSEY, CHICHESTER, PO20 0DS - £322,500

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.

41 MERRYFIELD DRIVE is a small terraced house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £360,252. It was last sold for £322,500 in September 2019, which was around 6% above the average September 2019 terraced price in the Chichester local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

41 MERRYFIELD DRIVE Sold Prices

Land registry data shows three sales for 41 MERRYFIELD DRIVE 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 41 MERRYFIELD DRIVE 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
2019 10 SEP	£322,500	£304,183	6% above HPI
2005 19 DEC	£198,500	£187,289	6% above HPI
2004 23 JUL	£182,000	£177,992	2% above HPI

41 MERRYFIELD DRIVE 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 41 MERRYFIELD DRIVE sales between July 2004 and September 2019 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 December 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2019 sale, which was also at 6% above the HPI.

What might 41 MERRYFIELD DRIVE be worth now?

41 MERRYFIELD DRIVE might now be worth an estimated £360,252.

This is based on house price inflation of 11.7%, between September 2019 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 11.7% inflationary increase is applied to the most recent sale price for 41 MERRYFIELD DRIVE of £322,500 on 10th September 2019. For the value to have increased from £322,500 to £360,252 over the six years and three months to June 2025, the following assumptions must hold true:

• The value of 41 MERRYFIELD DRIVE has moved in line with the HPI for terraced houses in the Chichester local authority area.
• The September 2019 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 41 MERRYFIELD DRIVE has not materially changed since September 2019.

How Large is 41 MERRYFIELD DRIVE?

41 MERRYFIELD DRIVE is 79m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% 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 41 MERRYFIELD DRIVE lies on this distribution: 22% of terraced houses houses are smaller than 41 MERRYFIELD DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Selsey.

41 MERRYFIELD DRIVE: Plot and Title Map

41 MERRYFIELD DRIVE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 41 MERRYFIELD DRIVE, 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 41 MERRYFIELD DRIVE). 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 41 MERRYFIELD DRIVE?

41 MERRYFIELD DRIVE is located in SELSEY, in the PO20 postcode district. The below map shows the position of No. 41 on MERRYFIELD DRIVE.