3, OAKWOOD CLOSE, TANGMERE, CHICHESTER, PO20 2WD - £305,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

3 OAKWOOD CLOSE is a midsized extended detached house of 121m², built sometime between 1991 and 1995. It was last sold for £305,000 in March 2014, which was around 34% below the average March 2014 detached price in the Chichester local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

3 OAKWOOD CLOSE Sold Prices

Land registry data shows three sales for 3 OAKWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 3 OAKWOOD CLOSE sales were for 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
2014 28 MAR	£305,000	£465,172	34% below HPI
2007 22 JUN	£302,500	£419,031	28% below HPI
1997 27 MAY	£118,000	£146,183	19% below HPI

3 OAKWOOD CLOSE 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 three 3 OAKWOOD CLOSE sales between May 1997 and March 2014 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 June 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 OAKWOOD CLOSE?

3 OAKWOOD CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Tangmere, based on EPC data. The below chart shows the distribution of detached houses by size in Tangmere, and where 3 OAKWOOD CLOSE lies on this distribution: 54% of detached houses are smaller than 3 OAKWOOD CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Tangmere.

3 OAKWOOD CLOSE: Plot and Title Map

3 OAKWOOD CLOSE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 3 OAKWOOD CLOSE, 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 3 OAKWOOD CLOSE). 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 3 OAKWOOD CLOSE?

3 OAKWOOD CLOSE is located in TANGMERE, in the PO20 postcode district. The below map shows the position of No. 3 on OAKWOOD CLOSE.