OAKBURN, PLAISTOW ROAD, IFOLD, BILLINGSHURST, RH14 0TY - £472,000

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

OAKBURN is a very small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £472,000 in July 2019, which was around 21% below the average July 2019 detached price in the Chichester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

OAKBURN Sold Prices

Land registry data shows two sales for OAKBURN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two OAKBURN 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
2019 10 JUL	£472,000	£596,989	21% below HPI
1998 8 APR	£140,000	£164,110	15% below HPI

OAKBURN 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 two OAKBURN sales from April 1998 and July 2019 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 April 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is OAKBURN?

OAKBURN is 88m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 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 OAKBURN lies on this distribution: 3% of detached houses are smaller than OAKBURN, and 97% of houses are larger. Note that EPC data is not available for all properties in Ifold.

OAKBURN: Plot and Title Map

OAKBURN sits on a plot of roughly 0.343 of an acre, or 1,388m². The below map shows the location of OAKBURN, 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 OAKBURN). 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 OAKBURN?

OAKBURN is located on PLAISTOW ROAD in IFOLD, in the RH14 postcode district. The below map shows the position of OAKBURN on PLAISTOW ROAD.