THE COTTAGE, SOUTHERN ROAD, SELSEY, CHICHESTER, PO20 0BD - £270,000

THE COTTAGE is a very small detached house of 52m², built sometime between 1930 and 1949. It was last sold for £270,000 in July 2012, which was around 38% below the average July 2012 detached price in the Chichester local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was E.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two THE COTTAGE 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
2012 26 JUL	£270,000	£436,392	38% below HPI
1996 19 DEC	£84,000	£136,211	38% below HPI

THE COTTAGE 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 two THE COTTAGE sales from December 1996 and July 2012 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 1996 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2012 sale, which was also at 38% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 52m² according to the EPC inspection conducted in October 2011. 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 THE COTTAGE lies on this distribution: 1% of detached houses are smaller than THE COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Selsey.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of THE COTTAGE, 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 THE COTTAGE). 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 THE COTTAGE?

THE COTTAGE is located on SOUTHERN ROAD in SELSEY, in the PO20 postcode district. The below map shows the position of THE COTTAGE on SOUTHERN ROAD.