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
3 OLIVERS MEADOW is a small extended detached house of 107m², built sometime between 1976 and 1982. It was last sold for £300,000 in December 2014, which was around 20% below the average December 2014 detached price in the Arun local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 3 OLIVERS MEADOW since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 3 OLIVERS MEADOW 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 12 DEC | £300,000 | £373,903 | 20% below HPI |
2008 20 JUN | £265,000 | £333,010 | 20% below HPI |
2005 11 APR | £232,500 | £283,641 | 18% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 3 OLIVERS MEADOW sales between April 2005 and December 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 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2014 sale, which was also at 20% below the HPI.
3 OLIVERS MEADOW is 107m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Westergate, based on EPC data. The below chart shows the distribution of detached houses by size in Westergate, and where 3 OLIVERS MEADOW lies on this distribution: 36% of detached houses are smaller than 3 OLIVERS MEADOW, and 61% of houses are larger. Note that EPC data is not available for all properties in Westergate.
3 OLIVERS MEADOW sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 3 OLIVERS MEADOW, 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 OLIVERS MEADOW). 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.
3 OLIVERS MEADOW is located in WESTERGATE, in the PO20 postcode district. The below map shows the position of No. 3 on OLIVERS MEADOW.