6, OAK WAY, IFOLD, BILLINGSHURST, RH14 0RU - £650,000

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 WAY is a very large detached house of 248m². It was last sold for £650,000 in August 2009, which was around 67% above the average August 2009 detached price in the Chichester local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was B.

6 OAK WAY Sold Prices

Land registry data shows three sales for 6 OAK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Two of the three 6 OAK WAY sales were for above the average price, whilst one was 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
2009 25 AUG	£650,000	£389,553	67% above HPI
2005 7 DEC	£550,000	£357,390	54% above HPI
2001 8 MAY	£240,000	£246,807	3% below HPI

6 OAK WAY 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 three 6 OAK WAY sales between May 2001 and August 2009 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 2005 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the August 2009 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 6 OAK WAY?

6 OAK WAY is 248m² according to the EPC inspection conducted in August 2009. This puts it in the largest 20% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where 6 OAK WAY lies on this distribution: 85% of detached houses are smaller than 6 OAK WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Ifold.

6 OAK WAY: Plot and Title Map

6 OAK WAY sits on a plot of roughly 0.239 of an acre, or 967m². The below map shows the location of 6 OAK WAY, 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 WAY). 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 WAY?

6 OAK WAY is located in IFOLD, in the RH14 postcode district. The below map shows the position of No. 6 on OAK WAY.