16, OVING ROAD, CHICHESTER, PO19 7EH - £595,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 OVING ROAD is a midsized extended detached house of 118m², built sometime before 1900. It was last sold for £595,000 in February 2018, which was about the average February 2018 detached price in the Chichester local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was D.

16 OVING ROAD Sold Prices

Land registry data shows four sales for 16 OVING ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. The four 16 OVING ROAD sales were a mix of roughly equal to the average price, and below 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 23 FEB	£595,000	£592,381	Close to HPI
2013 12 SEP	£390,000	£460,631	15% below HPI
2001 18 DEC	£250,000	£257,435	3% below HPI
1998 23 MAR	£145,000	£162,301	11% below HPI

16 OVING ROAD 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 four 16 OVING ROAD sales between March 1998 and February 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 September 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 16 OVING ROAD?

16 OVING ROAD is 118m², which includes two extensions, according to the EPC inspection conducted in December 2012. This puts it in the smallest 50% of detached houses in Chichester, based on EPC data. The below chart shows the distribution of detached houses by size in Chichester, and where 16 OVING ROAD lies on this distribution: 47% of detached houses are smaller than 16 OVING ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Chichester.

16 OVING ROAD: Plot and Title Map

16 OVING ROAD sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 16 OVING ROAD, 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 16 OVING ROAD). 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 16 OVING ROAD?

16 OVING ROAD is located in CHICHESTER, in the PO19 postcode district. The below map shows the position of No. 16 on OVING ROAD.