39, OAK TREE LANE, WOODGATE, CHICHESTER, PO20 3GU - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

39 OAK TREE LANE is a large extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £165,000 in January 2001, which was around 6% below the average January 2001 detached price in the Arun local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

39 OAK TREE LANE Sold Prices

Land registry data shows two sales for 39 OAK TREE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two 39 OAK TREE LANE 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
2001 4 JAN	£165,000	£176,126	6% below HPI
1997 7 MAR	£117,500	£102,952	14% above HPI

39 OAK TREE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 39 OAK TREE LANE sales from March 1997 and January 2001 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 March 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2001 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 39 OAK TREE LANE?

39 OAK TREE LANE is 130m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 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 39 OAK TREE LANE lies on this distribution: 66% of detached houses are smaller than 39 OAK TREE LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Westergate.

39 OAK TREE LANE: Plot and Title Map

39 OAK TREE LANE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 39 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 39 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 39 OAK TREE LANE?

39 OAK TREE LANE is located in WOODGATE, in the PO20 postcode district. The below map shows the position of No. 39 on OAK TREE LANE.