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
18 CHESTNUT CLOSE is a large extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £520,000 in November 2018, which was around 1% below the average November 2018 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 18 CHESTNUT CLOSE since 1st 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. One of the two 18 CHESTNUT CLOSE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2018 16 NOV | £520,000 | £526,638 | 1% below HPI |
2008 18 JUL | £380,000 | £360,854 | 5% above HPI |
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 CHESTNUT CLOSE sales from July 2008 and November 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 July 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
18 CHESTNUT CLOSE is 138m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 30% of detached houses in Witney, based on EPC data. The below chart shows the distribution of detached houses by size in Witney, and where 18 CHESTNUT CLOSE lies on this distribution: 70% of detached houses are smaller than 18 CHESTNUT CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Witney.
18 CHESTNUT CLOSE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 18 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 18 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.
18 CHESTNUT CLOSE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 18 on CHESTNUT CLOSE.