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
OAKFIELD COTTAGE is a small extended detached house of 127m², built sometime between 1930 and 1949. It was last sold for £645,000 in December 2018, which was around 6% above the average December 2018 detached price in the Chichester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was F, and the potential energy rating was E.
Land registry data shows three sales for OAKFIELD COTTAGE since 1st 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 OAKFIELD COTTAGE 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 |
---|---|---|---|
2018 11 DEC | £645,000 | £606,149 | 6% above HPI |
2014 11 AUG | £535,000 | £489,090 | 9% above HPI |
2009 11 AUG | £325,000 | £389,553 | 17% below HPI |
The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The three OAKFIELD COTTAGE sales between August 2009 and December 2018 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 August 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2018 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
OAKFIELD COTTAGE is 127m², which includes four extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Loxwood, based on EPC data. The below chart shows the distribution of detached houses by size in Loxwood, and where OAKFIELD COTTAGE lies on this distribution: 29% of detached houses are smaller than OAKFIELD COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Loxwood.
OAKFIELD COTTAGE sits on a plot of roughly 0.211 of an acre, or 852m². The below map shows the location of OAKFIELD 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 OAKFIELD 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.
OAKFIELD COTTAGE is located on PONDCOPSE LANE in LOXWOOD, in the RH14 postcode district. The below map shows the position of OAKFIELD COTTAGE on PONDCOPSE LANE.