OAKFIELD, PLAISTOW ROAD, LOXWOOD, BILLINGSHURST, RH14 0TU - £560,000

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

OAKFIELD is a very small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £560,000 in August 2017, which was around 5% below the average August 2017 detached price in the Chichester local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

OAKFIELD Sold Prices

Land registry data shows four sales for OAKFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the four OAKFIELD 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
2017 7 AUG	£560,000	£589,156	5% below HPI
2015 14 SEP	£440,000	£531,552	17% below HPI
2012 20 MAR	£330,000	£421,351	22% below HPI
2008 2 APR	£331,000	£413,606	20% below HPI

OAKFIELD 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 four OAKFIELD sales between April 2008 and August 2017 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 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is OAKFIELD?

OAKFIELD is 97m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 OAKFIELD lies on this distribution: 5% of detached houses are smaller than OAKFIELD, and 95% of houses are larger. Note that EPC data is not available for all properties in Ifold.

OAKFIELD: Plot and Title Map

OAKFIELD sits on a plot of roughly 0.322 of an acre, or 1,301m². The below map shows the location of OAKFIELD, 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). 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 OAKFIELD?

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