7, WILLETTS WAY, LOXWOOD, BILLINGSHURST, RH14 0WW - £415,000

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

7 WILLETTS WAY is a very small semi-detached house of 108m², built sometime between 1996 and 2002. It was last sold for £415,000 in February 2021, which was around 34% below the average February 2021 detached price in the Chichester local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

7 WILLETTS WAY Sold Prices

Land registry data shows three sales for 7 WILLETTS 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. All of the three 7 WILLETTS WAY 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
2021 16 FEB	£415,000	£626,070	34% below HPI
2013 11 SEP	£345,000	£460,631	25% below HPI
2003 29 JAN	£283,950	£317,991	11% below HPI

7 WILLETTS 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 7 WILLETTS WAY sales between January 2003 and February 2021 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 September 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 WILLETTS WAY?

7 WILLETTS WAY is 108m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Loxwood, based on EPC data. The below chart shows the distribution of detached houses by size in Loxwood, and where 7 WILLETTS WAY lies on this distribution: 15% of detached houses are smaller than 7 WILLETTS WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Loxwood.

7 WILLETTS WAY: Plot and Title Map

7 WILLETTS WAY sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 7 WILLETTS 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 7 WILLETTS 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 7 WILLETTS WAY?

7 WILLETTS WAY is located in LOXWOOD, in the RH14 postcode district. The below map shows the position of No. 7 on WILLETTS WAY.