40, OAKFIELD AVENUE, EAST WITTERING, CHICHESTER, PO20 8BT - £399,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 OAKFIELD AVENUE is a small extended detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £455,320. It was last sold for £399,500 in August 2020, which was around 36% below the average August 2020 detached price in the Chichester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

40 OAKFIELD AVENUE Sold Prices

Land registry data shows five sales for 40 OAKFIELD AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the five 40 OAKFIELD AVENUE 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
2020 27 AUG	£399,500	£628,906	36% below HPI
2014 29 OCT	£450,000	£511,356	12% below HPI
2002 26 JUL	£210,000	£285,507	26% below HPI
2000 7 DEC	£189,950	£246,256	23% below HPI
1997 18 SEP	£135,000	£160,680	16% below HPI

40 OAKFIELD AVENUE 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 five 40 OAKFIELD AVENUE sales between September 1997 and August 2020 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 October 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 40 OAKFIELD AVENUE be worth now?

40 OAKFIELD AVENUE might now be worth an estimated £455,320.

This is based on house price inflation of 14%, between August 2020 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14% inflationary increase is applied to the most recent sale price for 40 OAKFIELD AVENUE of £399,500 on 27th August 2020. For the value to have increased from £399,500 to £455,320 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 40 OAKFIELD AVENUE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The August 2020 sale price of £399,500 represented a fair market value for the property.
• The size, condition, and specification of 40 OAKFIELD AVENUE has not materially changed since August 2020.

How Large is 40 OAKFIELD AVENUE?

40 OAKFIELD AVENUE is 90m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses houses in East Wittering, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Wittering, and where 40 OAKFIELD AVENUE lies on this distribution: 29% of detached houses houses are smaller than 40 OAKFIELD AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in East Wittering.

40 OAKFIELD AVENUE: Plot and Title Map

40 OAKFIELD AVENUE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 40 OAKFIELD AVENUE, 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 40 OAKFIELD AVENUE). 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 40 OAKFIELD AVENUE?

40 OAKFIELD AVENUE is located in EAST WITTERING, in the PO20 postcode district. The below map shows the position of No. 40 on OAKFIELD AVENUE.