ALVERE, WITNEY ROAD, FREELAND, WITNEY, OX29 8HQ - £740,000

ALVERE is a very small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £740,000 in May 2021, which was around 50% above the average May 2021 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

ALVERE Sold Prices

Land registry data shows two sales for ALVERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. One of the two ALVERE sales was for above the average price, whilst the other 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
2021 28 MAY	£740,000	£491,984	50% above HPI
2014 21 FEB	£380,000	£405,097	6% below HPI

ALVERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Oxfordshire local authority area over time, sourced from the HPI. The two ALVERE sales from February 2014 and May 2021 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 February 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2021 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is ALVERE?

ALVERE is 86m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Freeland, based on EPC data. The below chart shows the distribution of detached houses by size in Freeland, and where ALVERE lies on this distribution: 9% of detached houses are smaller than ALVERE, and 91% of houses are larger. Note that EPC data is not available for all properties in Freeland.

ALVERE: Plot and Title Map

ALVERE sits on a plot of roughly 0.366 of an acre, or 1,482m². The below map shows the location of ALVERE, 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 ALVERE). 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 ALVERE?

ALVERE is located on WITNEY ROAD in FREELAND, in the OX29 postcode district. The below map shows the position of ALVERE on WITNEY ROAD.