OAKHAVEN, KIRDFORD, BILLINGSHURST, RH14 0NB - £330,000

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.

OAKHAVEN is a very small terraced house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £384,538. It was last sold for £330,000 in August 2017, which was around 10% above the average August 2017 terraced price in the Chichester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

OAKHAVEN Sold Prices

Land registry data shows six sales for OAKHAVEN since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Chichester local authority area for the corresponding sale date. All of the six OAKHAVEN 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
2017 24 AUG	£330,000	£298,800	10% above HPI
2015 17 APR	£288,000	£254,745	13% above HPI
2011 31 MAR	£220,000	£217,786	1% above HPI
2004 25 MAY	£181,000	£176,803	2% above HPI
2003 24 JAN	£163,000	£150,491	8% above HPI
1998 20 FEB	£87,500	£75,157	16% above HPI

OAKHAVEN Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chichester local authority area over time, sourced from the HPI. The six OAKHAVEN sales between February 1998 and August 2017 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 April 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2017 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might OAKHAVEN be worth now?

OAKHAVEN might now be worth an estimated £384,538.

This is based on house price inflation of 16.5%, between August 2017 and May 2026, for terraced houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for OAKHAVEN of £330,000 on 24th August 2017. For the value to have increased from £330,000 to £384,538 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of OAKHAVEN has moved in line with the HPI for terraced houses in the Chichester local authority area.
• The August 2017 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of OAKHAVEN has not materially changed since August 2017.

How Large is OAKHAVEN?

OAKHAVEN is 78m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of terraced houses houses in Kirdford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kirdford, and where OAKHAVEN lies on this distribution: 6% of terraced houses houses are smaller than OAKHAVEN, and 94% of houses are larger. Note that EPC data is not available for all properties in Kirdford.

OAKHAVEN: Plot and Title Map

OAKHAVEN sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of OAKHAVEN, 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 OAKHAVEN). 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 OAKHAVEN?

OAKHAVEN is located in KIRDFORD, in the RH14 postcode district. The below map shows the position of OAKHAVEN in KIRDFORD.