OAKLEYS, WESTSIDE, TILLINGTON, PETWORTH, GU28 9AL - £525,000

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

OAKLEYS is a midsized extended detached house of 128m², built sometime between 1950 and 1966. It was last sold for £525,000 in May 2018, which was around 12% below the average May 2018 detached price in the Chichester local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

OAKLEYS Sold Prices

Land registry data shows two sales for OAKLEYS 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. One of the two OAKLEYS sales was for below the average price, whilst the other was for above 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 18 MAY	£525,000	£597,321	12% below HPI
1995 12 DEC	£156,000	£128,303	22% above HPI

OAKLEYS 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 OAKLEYS sales from December 1995 and May 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 December 1995 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is OAKLEYS?

OAKLEYS is 128m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses in Tillington, based on EPC data. The below chart shows the distribution of detached houses by size in Tillington, and where OAKLEYS lies on this distribution: 50% of detached houses are smaller than OAKLEYS, and 50% of houses are larger. Note that EPC data is not available for all properties in Tillington.

OAKLEYS: Plot and Title Map

OAKLEYS sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of OAKLEYS, 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 OAKLEYS). 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 OAKLEYS?

OAKLEYS is located on WESTSIDE in TILLINGTON, in the GU28 postcode district. The below map shows the position of OAKLEYS on WESTSIDE.