1, OAK WAY, IFOLD, BILLINGSHURST, RH14 0RU - £725,000

1 OAK WAY is a small extended detached house of 141m², built sometime from 2007 onwards. It was last sold for £725,000 in May 2014, which was around 54% above the average May 2014 detached price in the Chichester local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

1 OAK WAY Sold Prices

Land registry data shows two sales for 1 OAK WAY 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 1 OAK 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
2014 29 MAY	£725,000	£470,080	54% above HPI
2008 2 DEC	£700,000	£415,382	69% above HPI

1 OAK WAY 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 1 OAK WAY sales from December 2008 and May 2014 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 2008 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the May 2014 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 1 OAK WAY?

1 OAK WAY is 141m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where 1 OAK WAY lies on this distribution: 27% of detached houses are smaller than 1 OAK WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Ifold.

1 OAK WAY: Plot and Title Map

1 OAK WAY sits on a plot of roughly 0.307 of an acre, or 1,241m². The below map shows the location of 1 OAK 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 1 OAK 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 1 OAK WAY?

1 OAK WAY is located in IFOLD, in the RH14 postcode district. The below map shows the position of No. 1 on OAK WAY.