11, OAKS CLOSE, WESTERGATE, CHICHESTER, PO20 3XR - £246,000

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.

11 OAKS CLOSE is a very small terraced house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £291,443. It was last sold for £246,000 in April 2018, which was around 7% above the average April 2018 terraced price in the Arun local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

11 OAKS CLOSE Sold Prices

Land registry data shows four sales for 11 OAKS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the four 11 OAKS CLOSE 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
2018 27 APR	£246,000	£230,719	7% above HPI
2007 18 JUN	£189,995	£179,961	6% above HPI
2000 7 JUL	£114,950	£79,084	45% above HPI
1995 14 AUG	£69,950	£47,342	48% above HPI

11 OAKS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Arun local authority area over time, sourced from the HPI. The four 11 OAKS CLOSE sales between August 1995 and April 2018 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 June 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2018 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 11 OAKS CLOSE be worth now?

11 OAKS CLOSE might now be worth an estimated £291,443.

This is based on house price inflation of 18.5%, between April 2018 and June 2025, for terraced houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 11 OAKS CLOSE of £246,000 on 27th April 2018. For the value to have increased from £246,000 to £291,443 over the six years and ten months to June 2025, the following assumptions must hold true:

• The value of 11 OAKS CLOSE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The April 2018 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OAKS CLOSE has not materially changed since April 2018.

How Large is 11 OAKS CLOSE?

11 OAKS CLOSE is 77m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of terraced houses houses in Westergate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Westergate, and where 11 OAKS CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 11 OAKS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Westergate.

11 OAKS CLOSE: Plot and Title Map

11 OAKS CLOSE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 11 OAKS 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 11 OAKS 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 11 OAKS CLOSE?

11 OAKS CLOSE is located in WESTERGATE, in the PO20 postcode district. The below map shows the position of No. 11 on OAKS CLOSE.