REDLAND, OVING, CHICHESTER, PO20 2BP - £575,000

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

REDLAND is a very large detached house of 211m², built sometime between 1950 and 1966. It was last sold for £575,000 in September 2009, which was around 42% above the average September 2009 detached price in the Chichester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

REDLAND Sold Prices

Land registry data shows two sales for REDLAND 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. Both of the two REDLAND sales were 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
2009 30 SEP	£575,000	£403,840	42% above HPI
2001 23 APR	£322,500	£241,187	34% above HPI

REDLAND 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 REDLAND sales from April 2001 and September 2009 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 April 2001 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2009 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is REDLAND?

REDLAND is 211m² according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Oving, based on EPC data. The below chart shows the distribution of detached houses by size in Oving, and where REDLAND lies on this distribution: 80% of detached houses are smaller than REDLAND, and 20% of houses are larger. Note that EPC data is not available for all properties in Oving.

REDLAND: Plot and Title Map

REDLAND sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of REDLAND, 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 REDLAND). 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 REDLAND?

REDLAND is located in OVING, in the PO20 postcode district. The below map shows the position of REDLAND in OVING.