OAKLEYS, WESTSIDE, TILLINGTON, PETWORTH, GU28 9AL - £525,000

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.

OAKLEYS is a midsized extended detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £585,450. It was last sold for £525,000 in May 2018, which was around 14% below the average May 2018 detached price in the Chichester local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

OAKLEYS Sold Prices

Land registry data shows two sales for OAKLEYS 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 OAKLEYS 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
2018 18 MAY	£525,000	£610,393	14% below HPI
1995 12 DEC	£156,000	£131,110	19% above HPI

OAKLEYS 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 OAKLEYS sales from December 1995 and May 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 December 1995 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might OAKLEYS be worth now?

OAKLEYS might now be worth an estimated £585,450.

This is based on house price inflation of 11.5%, between May 2018 and June 2025, for detached 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 11.5% inflationary increase is applied to the most recent sale price for OAKLEYS of £525,000 on 18th May 2018. For the value to have increased from £525,000 to £585,450 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of OAKLEYS has moved in line with the HPI for detached houses in the Chichester local authority area.
• The May 2018 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLEYS has not materially changed since May 2018.

How Large is OAKLEYS?

OAKLEYS is 128m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses houses in Tillington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tillington, and where OAKLEYS lies on this distribution: 53% of detached houses houses are smaller than OAKLEYS, and 44% of houses are larger. Note that EPC data is not available for all properties in Tillington.

OAKLEYS: Plot and Title Map

OAKLEYS sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of OAKLEYS, 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 OAKLEYS). 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 OAKLEYS?

OAKLEYS is located on WESTSIDE in TILLINGTON, in the GU28 postcode district. The below map shows the position of OAKLEYS on WESTSIDE.