OAK COTTAGE, CHALK ROAD, IFOLD, BILLINGSHURST, RH14 0UE - £358,000

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

OAK COTTAGE is a very large detached house of 296m². It was last sold for £358,000 in November 2004, which was around 7% below the average November 2004 detached price in the Chichester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

OAK COTTAGE Sold Prices

Land registry data shows three sales for OAK COTTAGE 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 OAK COTTAGE 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
2004 25 NOV	£358,000	£385,230	7% below HPI
2003 4 FEB	£280,000	£316,916	12% below HPI
1997 22 APR	£115,000	£141,620	19% below HPI

OAK COTTAGE 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 OAK COTTAGE sales between April 1997 and November 2004 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 February 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2004 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is OAK COTTAGE?

OAK COTTAGE is 296m² according to the EPC inspection conducted in March 2009. This puts it in the largest 10% of detached houses in Ifold, based on EPC data. The below chart shows the distribution of detached houses by size in Ifold, and where OAK COTTAGE lies on this distribution: 95% of detached houses are smaller than OAK COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Ifold.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.336 of an acre, or 1,359m². The below map shows the location of OAK COTTAGE, 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 OAK COTTAGE). 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 OAK COTTAGE?

OAK COTTAGE is located on CHALK ROAD in IFOLD, in the RH14 postcode district. The below map shows the position of OAK COTTAGE on CHALK ROAD.