156, NEWLAND, WITNEY, OX28 3JH - £325,000

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.

156 NEWLAND is a very small detached house of 73m², built sometime before 1900, which could now be worth an estimated £372,620. It was last sold for £325,000 in September 2018, which was around 43% below the average September 2018 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was E.

156 NEWLAND Sold Prices

Land registry data shows four sales for 156 NEWLAND 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 156 NEWLAND 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
2018 14 SEP	£325,000	£575,072	43% below HPI
2014 28 FEB	£260,000	£438,825	41% below HPI
2007 21 AUG	£220,000	£415,245	47% below HPI
1999 26 MAY	£113,500	£178,471	36% below HPI

156 NEWLAND 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 156 NEWLAND sales between May 1999 and September 2018 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2018 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 156 NEWLAND be worth now?

156 NEWLAND might now be worth an estimated £372,620.

This is based on house price inflation of 14.7%, between September 2018 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 14.7% inflationary increase is applied to the most recent sale price for 156 NEWLAND of £325,000 on 14th September 2018. For the value to have increased from £325,000 to £372,620 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 156 NEWLAND has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The September 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 156 NEWLAND has not materially changed since September 2018.

How Large is 156 NEWLAND?

156 NEWLAND is 73m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% 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 156 NEWLAND lies on this distribution: 6% of detached houses houses are smaller than 156 NEWLAND, and 94% of houses are larger. Note that EPC data is not available for all properties in Witney.

156 NEWLAND: Plot and Title Map

156 NEWLAND sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 156 NEWLAND, 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 156 NEWLAND). 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 156 NEWLAND?

156 NEWLAND is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 156 on NEWLAND.