OAKDENE, RICKMANS LANE, PLAISTOW, BILLINGSHURST, RH14 0NT - £1,105,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OAKDENE is a very large extended detached house of 230m², built sometime between 1930 and 1949. It was last sold for £1,105,000 in February 2023, which was around 61% above the average February 2023 detached price in the Chichester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

OAKDENE Sold Prices

Land registry data shows three sales for OAKDENE 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 OAKDENE 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
2023 3 FEB	£1,105,000	£686,715	61% above HPI
2001 25 MAY	£330,000	£246,807	34% above HPI
1996 22 AUG	£93,000	£133,383	30% below HPI

OAKDENE 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 OAKDENE sales between August 1996 and February 2023 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 May 2001 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the February 2023 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is OAKDENE?

OAKDENE is 230m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Plaistow, based on EPC data. The below chart shows the distribution of detached houses by size in Plaistow, and where OAKDENE lies on this distribution: 83% of detached houses are smaller than OAKDENE, and 18% of houses are larger. Note that EPC data is not available for all properties in Plaistow.

OAKDENE: Plot and Title Map

OAKDENE sits on a plot of roughly 0.271 of an acre, or 1,096m². The below map shows the location of OAKDENE, 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 OAKDENE). 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 OAKDENE?

OAKDENE is located on RICKMANS LANE in PLAISTOW, in the RH14 postcode district. The below map shows the position of OAKDENE on RICKMANS LANE.