2, CORNFIELD CLOSE, WITNEY, OX28 5BU - £382,500

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.

2 CORNFIELD CLOSE is a small extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £396,963. It was last sold for £382,500 in October 2022, which was around 40% below the average October 2022 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

2 CORNFIELD CLOSE Sold Prices

Land registry data shows three sales for 2 CORNFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the three 2 CORNFIELD 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
2022 13 OCT	£382,500	£635,311	40% below HPI
2003 21 MAR	£210,000	£310,380	32% below HPI
1998 3 APR	£108,000	£166,862	35% below HPI

2 CORNFIELD 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 three 2 CORNFIELD CLOSE sales between April 1998 and October 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 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 CORNFIELD CLOSE be worth now?

2 CORNFIELD CLOSE might now be worth an estimated £396,963.

This is based on house price inflation of 3.8%, between October 2022 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 3.8% inflationary increase is applied to the most recent sale price for 2 CORNFIELD CLOSE of £382,500 on 13th October 2022. For the value to have increased from £382,500 to £396,963 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 CORNFIELD CLOSE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The October 2022 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CORNFIELD CLOSE has not materially changed since October 2022.

How Large is 2 CORNFIELD CLOSE?

2 CORNFIELD CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses houses in Witney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witney, and where 2 CORNFIELD CLOSE lies on this distribution: 36% of detached houses houses are smaller than 2 CORNFIELD CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Witney.

2 CORNFIELD CLOSE: Plot and Title Map

2 CORNFIELD CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 CORNFIELD 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 2 CORNFIELD 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 2 CORNFIELD CLOSE?

2 CORNFIELD CLOSE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 2 on CORNFIELD CLOSE.