3, OAK WAY, IFOLD, BILLINGSHURST, RH14 0RU - £722,000

3 OAK WAY is a large detached house of 236m², built sometime from 2007 onwards. It was last sold for £722,000 in July 2012, which was around 65% above the average July 2012 detached price in the Chichester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

3 OAK WAY Sold Prices

Land registry data shows three sales for 3 OAK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 3 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
2012 26 JUL	£722,000	£436,392	65% above HPI
2010 25 AUG	£700,000	£438,158	60% above HPI
2007 22 AUG	£685,000	£424,442	61% above HPI

3 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 three 3 OAK WAY sales between August 2007 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 August 2010 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the July 2012 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 3 OAK WAY?

3 OAK WAY is 236m² according to the EPC inspection conducted in March 2010. This puts it in the largest 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 3 OAK WAY lies on this distribution: 79% of detached houses are smaller than 3 OAK WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Ifold.

3 OAK WAY: Plot and Title Map

3 OAK WAY sits on a plot of roughly 0.337 of an acre, or 1,362m². The below map shows the location of 3 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 3 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 3 OAK WAY?

3 OAK WAY is located in IFOLD, in the RH14 postcode district. The below map shows the position of No. 3 on OAK WAY.