18, THE SPINNEYS, ENSTONE, CHIPPING NORTON, OX7 4LD - £40,000

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 THE SPINNEYS is a large extended detached house of 176m², built sometime between 1967 and 1975. It was last sold for £40,000 in February 1998, which was around 74% below the average February 1998 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

18 THE SPINNEYS Sold Prices

Land registry data shows two sales for 18 THE SPINNEYS 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 THE SPINNEYS 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
1998 23 FEB	£40,000	£152,261	74% below HPI
1996 11 NOV	£99,500	£119,961	17% below HPI

18 THE SPINNEYS 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 THE SPINNEYS sales from November 1996 and February 1998 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 November 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 1998 sale, where it falls to 74% below the HPI. The line then continues to track at 74% below the HPI.

How Large is 18 THE SPINNEYS?

18 THE SPINNEYS is 176m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses in Enstone, based on EPC data. The below chart shows the distribution of detached houses by size in Enstone, and where 18 THE SPINNEYS lies on this distribution: 79% of detached houses are smaller than 18 THE SPINNEYS, and 21% of houses are larger. Note that EPC data is not available for all properties in Enstone.

18 THE SPINNEYS: Plot and Title Map

18 THE SPINNEYS sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 18 THE SPINNEYS, 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 THE SPINNEYS). 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 THE SPINNEYS?

18 THE SPINNEYS is located in ENSTONE, in the OX7 postcode district. The below map shows the position of No. 18 on THE SPINNEYS.