18, OAKS CLOSE, WESTERGATE, CHICHESTER, PO20 3XR - £165,500

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.

18 OAKS CLOSE is a very small terraced house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £256,656. It was last sold for £165,500 in September 2012, which was around 6% below the average September 2012 terraced price in the Arun local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

18 OAKS CLOSE Sold Prices

Land registry data shows three sales for 18 OAKS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. One of the three 18 OAKS CLOSE sales was for below the average price, whilst two 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
2012 21 SEP	£165,500	£176,258	6% below HPI
1999 8 OCT	£77,500	£68,045	14% above HPI
1996 28 JUN	£59,999	£47,493	26% above HPI

18 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 three 18 OAKS CLOSE sales between June 1996 and September 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 October 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 18 OAKS CLOSE be worth now?

18 OAKS CLOSE might now be worth an estimated £256,656.

This is based on house price inflation of 55.1%, between September 2012 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 55.1% inflationary increase is applied to the most recent sale price for 18 OAKS CLOSE of £165,500 on 21st September 2012. For the value to have increased from £165,500 to £256,656 over the thirteen years and three months to June 2025, the following assumptions must hold true:

• The value of 18 OAKS CLOSE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The September 2012 sale price of £165,500 represented a fair market value for the property.
• The size, condition, and specification of 18 OAKS CLOSE has not materially changed since September 2012.

How Large is 18 OAKS CLOSE?

18 OAKS CLOSE is 73m² according to the EPC inspection conducted in June 2012. 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 18 OAKS CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 18 OAKS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Westergate.

18 OAKS CLOSE: Plot and Title Map

18 OAKS CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 18 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 18 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 18 OAKS CLOSE?

18 OAKS CLOSE is located in WESTERGATE, in the PO20 postcode district. The below map shows the position of No. 18 on OAKS CLOSE.