18, CARMELLO CLOSE, CARTERTON, OX18 1DJ - £320,000

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.

18 CARMELLO CLOSE is a small detached house of 97m², which could now be worth an estimated £383,055. It was last sold for £320,000 in February 2019, which was around 42% below the average February 2019 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.

18 CARMELLO CLOSE Sold Prices

Land registry data shows two sales for 18 CARMELLO 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 18 CARMELLO 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
2019 27 FEB	£320,000	£550,800	42% below HPI
2016 5 AUG	£319,995	£543,408	41% below HPI

18 CARMELLO 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 18 CARMELLO CLOSE sales from August 2016 and February 2019 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 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 18 CARMELLO CLOSE be worth now?

18 CARMELLO CLOSE might now be worth an estimated £383,055.

This is based on house price inflation of 19.7%, between February 2019 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 19.7% inflationary increase is applied to the most recent sale price for 18 CARMELLO CLOSE of £320,000 on 27th February 2019. For the value to have increased from £320,000 to £383,055 over the six years to February 2025, the following assumptions must hold true:

• The value of 18 CARMELLO CLOSE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The February 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CARMELLO CLOSE has not materially changed since February 2019.

How Large is 18 CARMELLO CLOSE?

18 CARMELLO CLOSE is 97m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses houses in Carterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carterton, and where 18 CARMELLO CLOSE lies on this distribution: 32% of detached houses houses are smaller than 18 CARMELLO CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Carterton.

18 CARMELLO CLOSE: Plot and Title Map

18 CARMELLO CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 18 CARMELLO 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 18 CARMELLO 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 18 CARMELLO CLOSE?

18 CARMELLO CLOSE is located in CARTERTON, in the OX18 postcode district. The below map shows the position of No. 18 on CARMELLO CLOSE.