15, CHESTNUT CLOSE, WITNEY, OX28 1PD - £350,000

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.

15 CHESTNUT CLOSE is a small extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £552,807. It was last sold for £350,000 in November 2011, which was around 16% below the average November 2011 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

15 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 15 CHESTNUT CLOSE 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. Both of the two 15 CHESTNUT CLOSE 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
2011 15 NOV	£350,000	£417,446	16% below HPI
1995 24 JUL	£95,100	£124,665	24% below HPI

15 CHESTNUT CLOSE 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 15 CHESTNUT CLOSE sales from July 1995 and November 2011 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 July 1995 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2011 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 15 CHESTNUT CLOSE be worth now?

15 CHESTNUT CLOSE might now be worth an estimated £552,807.

This is based on house price inflation of 57.9%, between November 2011 and February 2025, for detached houses, in the West Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.9% inflationary increase is applied to the most recent sale price for 15 CHESTNUT CLOSE of £350,000 on 15th November 2011. For the value to have increased from £350,000 to £552,807 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The November 2011 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHESTNUT CLOSE has not materially changed since November 2011.

How Large is 15 CHESTNUT CLOSE?

15 CHESTNUT CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of detached houses houses in Witney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witney, and where 15 CHESTNUT CLOSE lies on this distribution: 38% of detached houses houses are smaller than 15 CHESTNUT CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Witney.

15 CHESTNUT CLOSE: Plot and Title Map

15 CHESTNUT CLOSE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 15 CHESTNUT CLOSE, 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 15 CHESTNUT CLOSE). 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 15 CHESTNUT CLOSE?

15 CHESTNUT CLOSE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 15 on CHESTNUT CLOSE.