OMEGA, SOUTH LANE, WOODMANCOTE, EMSWORTH, PO10 8PT - £795,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OMEGA is a very large extended detached house of 243m², built sometime between 1950 and 1966, which could now be worth an estimated £939,053. It was last sold for £795,000 in August 2019, which was around 31% above the average August 2019 detached price in the Chichester local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

OMEGA Sold Prices

Land registry data shows three sales for OMEGA 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 OMEGA 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
2019 8 AUG	£795,000	£606,824	31% above HPI
2015 12 JUN	£770,000	£524,444	47% above HPI
2013 10 JUN	£340,000	£454,290	25% below HPI

OMEGA 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 OMEGA sales between June 2013 and August 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 June 2015 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2019 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might OMEGA be worth now?

OMEGA might now be worth an estimated £939,053.

This is based on house price inflation of 18.1%, between August 2019 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for OMEGA of £795,000 on 8th August 2019. For the value to have increased from £795,000 to £939,053 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of OMEGA has moved in line with the HPI for detached houses in the Chichester local authority area.
• The August 2019 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of OMEGA has not materially changed since August 2019.

How Large is OMEGA?

OMEGA is 243m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses houses in Woodmancote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodmancote, and where OMEGA lies on this distribution: 97% of detached houses houses are smaller than OMEGA, and 3% of houses are larger. Note that EPC data is not available for all properties in Woodmancote.

OMEGA: Plot and Title Map

OMEGA sits on a plot of roughly 0.242 of an acre, or 979m². The below map shows the location of OMEGA, 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 OMEGA). 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 OMEGA?

OMEGA is located on SOUTH LANE in WOODMANCOTE, in the PO10 postcode district. The below map shows the position of OMEGA on SOUTH LANE.