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
162 FARMERS CLOSE is a very small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £270,000 in May 2021, which was around 45% below the average May 2021 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 162 FARMERS CLOSE since 1st 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 162 FARMERS 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 28 MAY | £270,000 | £491,984 | 45% below HPI |
1999 6 AUG | £99,000 | £180,994 | 45% below HPI |
1998 20 NOV | £87,500 | £157,635 | 44% below HPI |
1997 15 AUG | £85,000 | £141,518 | 40% 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 four 162 FARMERS CLOSE sales between August 1997 and May 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 August 1999 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2021 sale, which was also at 45% below the HPI.
162 FARMERS CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Witney, based on EPC data. The below chart shows the distribution of detached houses by size in Witney, and where 162 FARMERS CLOSE lies on this distribution: 18% of detached houses are smaller than 162 FARMERS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Witney.
162 FARMERS CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 162 FARMERS 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 162 FARMERS 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.
162 FARMERS CLOSE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 162 on FARMERS CLOSE.