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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 THE SPINNEYS is a large extended detached house of 176m², built sometime between 1967 and 1975, which could now be worth an estimated £159,898. It was last sold for £40,000 in February 1998, which was around 76% 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	£164,939	76% below HPI
1996 11 NOV	£99,500	£129,949	23% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 1998 sale, where it falls to 76% below the HPI. The line then continues to track at 76% below the HPI.

What might 18 THE SPINNEYS be worth now?

18 THE SPINNEYS might now be worth an estimated £159,898.

This is based on house price inflation of 299.7%, between February 1998 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 299.7% inflationary increase is applied to the most recent sale price for 18 THE SPINNEYS of £40,000 on 23rd February 1998. For the value to have increased from £40,000 to £159,898 over the 27 years to February 2025, the following assumptions must hold true:

• The value of 18 THE SPINNEYS has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The February 1998 sale price of £40,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE SPINNEYS has not materially changed since February 1998.

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 houses in Enstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Enstone, and where 18 THE SPINNEYS lies on this distribution: 79% of detached houses 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.