15, CHESTNUT PLACE, WATLINGTON, OX49 5RJ - £390,000

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 PLACE is a very small semi-detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £473,980. It was last sold for £390,000 in March 2020, which was around 5% above the average March 2020 semi-detached price in the South Oxfordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

15 CHESTNUT PLACE Sold Prices

Land registry data shows four sales for 15 CHESTNUT PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Oxfordshire local authority area for the corresponding sale date. Most of the four 15 CHESTNUT PLACE 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
2020 30 MAR	£390,000	£370,996	5% above HPI
2015 8 SEP	£329,995	£335,504	2% below HPI
2011 27 MAY	£270,000	£249,295	8% above HPI
2001 2 OCT	£190,000	£159,128	19% above HPI

15 CHESTNUT PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The four 15 CHESTNUT PLACE sales between October 2001 and March 2020 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 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 15 CHESTNUT PLACE be worth now?

15 CHESTNUT PLACE might now be worth an estimated £473,980.

This is based on house price inflation of 21.5%, between March 2020 and March 2025, for semi-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 21.5% inflationary increase is applied to the most recent sale price for 15 CHESTNUT PLACE of £390,000 on 30th March 2020. For the value to have increased from £390,000 to £473,980 over the five years to March 2025, the following assumptions must hold true:

• The value of 15 CHESTNUT PLACE has moved in line with the HPI for semi-detached houses in the South Oxfordshire local authority area.
• The March 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHESTNUT PLACE has not materially changed since March 2020.

How Large is 15 CHESTNUT PLACE?

15 CHESTNUT PLACE is 71m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of semi-detached houses houses in Watlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watlington, and where 15 CHESTNUT PLACE lies on this distribution: 5% of semi-detached houses houses are smaller than 15 CHESTNUT PLACE, and 93% of houses are larger. Note that EPC data is not available for all properties in Watlington.

15 CHESTNUT PLACE: Plot and Title Map

15 CHESTNUT PLACE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 15 CHESTNUT PLACE, 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 PLACE). 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 PLACE?

15 CHESTNUT PLACE is located in WATLINGTON, in the OX49 postcode district. The below map shows the position of No. 15 on CHESTNUT PLACE.