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
4 OAK TREE FARM is a very small detached house of 97m², built sometime between 1950 and 1966. It was last sold for £305,000 in April 2015, which was around 39% below the average April 2015 detached price in the Chichester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 4 OAK TREE FARM since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two 4 OAK TREE FARM 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 |
---|---|---|---|
2015 8 APR | £305,000 | £499,798 | 39% below HPI |
2000 4 DEC | £195,000 | £240,982 | 19% below HPI |
The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The two 4 OAK TREE FARM sales from December 2000 and April 2015 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 December 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
4 OAK TREE FARM is 97m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses by size in Hambrook, and where 4 OAK TREE FARM lies on this distribution: 19% of detached houses are smaller than 4 OAK TREE FARM, and 78% of houses are larger. Note that EPC data is not available for all properties in Hambrook.
4 OAK TREE FARM sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 4 OAK TREE FARM, 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 4 OAK TREE FARM). 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.
4 OAK TREE FARM is located in HAMBROOK, in the PO18 postcode district. The below map shows the position of No. 4 on OAK TREE FARM.