OAK VIEW, PRIORS LEAZE LANE, HAMBROOK, CHICHESTER, PO18 8RQ - £500,000

OAK VIEW is a midsized extended detached house of 132m², built sometime between 1983 and 1990. It was last sold for £500,000 in March 2016, which was around 7% below the average March 2016 detached price in the Chichester local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

OAK VIEW Sold Prices

Land registry data shows two sales for OAK VIEW 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. One of the two OAK VIEW sales was for below the average price, whilst the other was 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
2016 31 MAR	£500,000	£536,823	7% below HPI
2001 5 DEC	£260,000	£257,435	1% above HPI

OAK VIEW 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 OAK VIEW sales from December 2001 and March 2016 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 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is OAK VIEW?

OAK VIEW is 132m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 50% of detached houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses by size in Hambrook, and where OAK VIEW lies on this distribution: 44% of detached houses are smaller than OAK VIEW, and 56% of houses are larger. Note that EPC data is not available for all properties in Hambrook.

OAK VIEW: Plot and Title Map

OAK VIEW sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of OAK VIEW, 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 OAK VIEW). 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 OAK VIEW?

OAK VIEW is located on PRIORS LEAZE LANE in HAMBROOK, in the PO18 postcode district. The below map shows the position of OAK VIEW on PRIORS LEAZE LANE.