22, OAK TREE LANE, WOODGATE, CHICHESTER, PO20 3GU - £197,000

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.

22 OAK TREE LANE is a very small extended semi-detached house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £345,416. It was last sold for £197,000 in May 2012, which was around 4% below the average May 2012 semi-detached price in the Arun local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

22 OAK TREE LANE Sold Prices

Land registry data shows three sales for 22 OAK TREE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. Two of the three 22 OAK TREE LANE sales were for below the average price, whilst one 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
2012 25 MAY	£197,000	£205,002	4% below HPI
2007 17 AUG	£220,000	£225,889	3% below HPI
2003 19 DEC	£190,000	£170,947	11% above HPI

22 OAK TREE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The three 22 OAK TREE LANE sales between December 2003 and May 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 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2012 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 22 OAK TREE LANE be worth now?

22 OAK TREE LANE might now be worth an estimated £345,416.

This is based on house price inflation of 75.3%, between May 2012 and March 2025, for semi-detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.3% inflationary increase is applied to the most recent sale price for 22 OAK TREE LANE of £197,000 on 25th May 2012. For the value to have increased from £197,000 to £345,416 over the thirteen years and two months to March 2025, the following assumptions must hold true:

• The value of 22 OAK TREE LANE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The May 2012 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 22 OAK TREE LANE has not materially changed since May 2012.

How Large is 22 OAK TREE LANE?

22 OAK TREE LANE is 82m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of semi-detached houses houses in Westergate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Westergate, and where 22 OAK TREE LANE lies on this distribution: 10% of semi-detached houses houses are smaller than 22 OAK TREE LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Westergate.

22 OAK TREE LANE: Plot and Title Map

22 OAK TREE LANE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 22 OAK TREE LANE, 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 22 OAK TREE LANE). 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 22 OAK TREE LANE?

22 OAK TREE LANE is located in WOODGATE, in the PO20 postcode district. The below map shows the position of No. 22 on OAK TREE LANE.