138, THORNEY LEYS, WITNEY, OX28 5LS - £315,000

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

138 THORNEY LEYS is a very small extended detached house of 65m², built sometime between 1976 and 1982. It was last sold for £315,000 in December 2021, which was around 41% below the average December 2021 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was B.

138 THORNEY LEYS Sold Prices

Land registry data shows four sales for 138 THORNEY LEYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the four 138 THORNEY LEYS 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
2021 10 DEC	£315,000	£532,627	41% below HPI
2017 23 MAY	£278,000	£504,501	45% below HPI
2006 16 MAR	£225,000	£320,900	30% below HPI
2005 26 MAY	£217,000	£311,731	30% below HPI

138 THORNEY LEYS 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 four 138 THORNEY LEYS sales between May 2005 and December 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 May 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 138 THORNEY LEYS?

138 THORNEY LEYS is 65m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Witney, based on EPC data. The below chart shows the distribution of detached houses by size in Witney, and where 138 THORNEY LEYS lies on this distribution: 4% of detached houses are smaller than 138 THORNEY LEYS, and 96% of houses are larger. Note that EPC data is not available for all properties in Witney.

138 THORNEY LEYS: Plot and Title Map

138 THORNEY LEYS sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 138 THORNEY LEYS, 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 138 THORNEY LEYS). 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 138 THORNEY LEYS?

138 THORNEY LEYS is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 138 on THORNEY LEYS.