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
16 CHESTNUT CLOSE is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £287,500 in June 2021, which was around 42% below the average June 2021 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 16 CHESTNUT CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the five 16 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 |
---|---|---|---|
2021 4 JUN | £287,500 | £495,037 | 42% below HPI |
2013 8 MAY | £243,000 | £382,008 | 36% below HPI |
2006 9 JUN | £197,000 | £342,631 | 43% below HPI |
2002 1 MAR | £157,000 | £239,985 | 35% below HPI |
1996 29 NOV | £77,000 | £119,961 | 36% below HPI |
The below graph shows the average detached house price in the West Oxfordshire local authority area over time, sourced from the HPI. The five 16 CHESTNUT CLOSE sales between November 1996 and June 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 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
16 CHESTNUT CLOSE is 80m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Brize Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Brize Norton, and where 16 CHESTNUT CLOSE lies on this distribution: 11% of detached houses are smaller than 16 CHESTNUT CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Brize Norton.
16 CHESTNUT CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 16 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 16 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.
16 CHESTNUT CLOSE is located in BRIZE NORTON, in the OX18 postcode district. The below map shows the position of No. 16 on CHESTNUT CLOSE.