6, OAK TREE FARM, HAMBROOK, CHICHESTER, PO18 8QA - £550,000

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

6 OAK TREE FARM is a small extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £550,000 in January 2022, which was around 19% below the average January 2022 detached price in the Chichester local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

6 OAK TREE FARM Sold Prices

Land registry data shows four sales for 6 OAK TREE FARM since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four 6 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
2022 25 JAN	£550,000	£679,143	19% below HPI
2013 10 JUN	£370,000	£444,561	17% below HPI
2006 30 AUG	£293,000	£399,225	27% below HPI
2004 9 JUL	£250,000	£348,481	28% below HPI

6 OAK TREE FARM 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 four 6 OAK TREE FARM sales between July 2004 and January 2022 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 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 6 OAK TREE FARM?

6 OAK TREE FARM is 100m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses in Hambrook, based on EPC data. The below chart shows the distribution of detached houses by size in Hambrook, and where 6 OAK TREE FARM lies on this distribution: 22% of detached houses are smaller than 6 OAK TREE FARM, and 78% of houses are larger. Note that EPC data is not available for all properties in Hambrook.

6 OAK TREE FARM: Plot and Title Map

6 OAK TREE FARM sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 6 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 6 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.

Where is 6 OAK TREE FARM?

6 OAK TREE FARM is located in HAMBROOK, in the PO18 postcode district. The below map shows the position of No. 6 on OAK TREE FARM.