14, THE HOMESTEAD, THAME, OX9 2PP - £480,000

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.

14 THE HOMESTEAD is a very small detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £593,862. It was last sold for £480,000 in March 2017, which was around 25% below the average March 2017 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

14 THE HOMESTEAD Sold Prices

Land registry data shows two sales for 14 THE HOMESTEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two 14 THE HOMESTEAD 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
2017 3 MAR	£480,000	£637,857	25% below HPI
2006 22 SEP	£299,950	£408,494	27% below HPI

14 THE HOMESTEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The two 14 THE HOMESTEAD sales from September 2006 and March 2017 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 September 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 14 THE HOMESTEAD be worth now?

14 THE HOMESTEAD might now be worth an estimated £593,862.

This is based on house price inflation of 23.7%, between March 2017 and February 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for 14 THE HOMESTEAD of £480,000 on 3rd March 2017. For the value to have increased from £480,000 to £593,862 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 14 THE HOMESTEAD has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The March 2017 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE HOMESTEAD has not materially changed since March 2017.

How Large is 14 THE HOMESTEAD?

14 THE HOMESTEAD is 73m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses houses in Thame, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thame, and where 14 THE HOMESTEAD lies on this distribution: 3% of detached houses houses are smaller than 14 THE HOMESTEAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Thame.

14 THE HOMESTEAD: Plot and Title Map

14 THE HOMESTEAD sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 14 THE HOMESTEAD, 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 14 THE HOMESTEAD). 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 14 THE HOMESTEAD?

14 THE HOMESTEAD is located in THAME, in the OX9 postcode district. The below map shows the position of No. 14 on THE HOMESTEAD.