1B, HAILEY ROAD, WITNEY, OX28 1HH - £325,000

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

1B HAILEY ROAD is a very small detached house of 55m², built sometime before 1900. It was last sold for £325,000 in June 2022, which was around 40% below the average June 2022 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

1B HAILEY ROAD Sold Prices

Land registry data shows four sales for 1B HAILEY ROAD since 1^st 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 1B HAILEY ROAD 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
2022 27 JUN	£325,000	£545,858	40% below HPI
2004 31 MAR	£171,000	£311,637	45% below HPI
2002 22 AUG	£159,000	£268,498	41% below HPI
1998 31 JUL	£72,000	£158,413	55% below HPI

1B HAILEY ROAD 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 four 1B HAILEY ROAD sales between July 1998 and June 2022 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 March 2004 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 1B HAILEY ROAD?

1B HAILEY ROAD is 55m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses in Witney, based on EPC data. The below chart shows the distribution of detached houses by size in Witney, and where 1B HAILEY ROAD lies on this distribution: 1% of detached houses are smaller than 1B HAILEY ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Witney.

1B HAILEY ROAD: Plot and Title Map

1B HAILEY ROAD sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 1B HAILEY ROAD, 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 1B HAILEY ROAD). 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 1B HAILEY ROAD?

1B HAILEY ROAD is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 1B on HAILEY ROAD.