2, GRAVEL LANE, WARBOROUGH, WALLINGFORD, OX10 7SD - £450,000

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 GRAVEL LANE is a small extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £513,002. It was last sold for £450,000 in August 2020, which was around 35% below the average August 2020 detached price in the South 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.

2 GRAVEL LANE Sold Prices

Land registry data shows three sales for 2 GRAVEL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the three 2 GRAVEL LANE 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
2020 28 AUG	£450,000	£692,247	35% below HPI
2011 8 JUL	£420,000	£448,506	6% below HPI
2003 4 APR	£278,000	£360,179	23% below HPI

2 GRAVEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three 2 GRAVEL LANE sales between April 2003 and August 2020 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 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 2 GRAVEL LANE be worth now?

2 GRAVEL LANE might now be worth an estimated £513,002.

This is based on house price inflation of 14%, between August 2020 and February 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14% inflationary increase is applied to the most recent sale price for 2 GRAVEL LANE of £450,000 on 28th August 2020. For the value to have increased from £450,000 to £513,002 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 2 GRAVEL LANE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The August 2020 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRAVEL LANE has not materially changed since August 2020.

How Large is 2 GRAVEL LANE?

2 GRAVEL LANE is 115m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses houses in Warborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warborough, and where 2 GRAVEL LANE lies on this distribution: 38% of detached houses houses are smaller than 2 GRAVEL LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Warborough.

2 GRAVEL LANE: Plot and Title Map

2 GRAVEL LANE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 2 GRAVEL LANE, 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 GRAVEL LANE). 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 GRAVEL LANE?

2 GRAVEL LANE is located in WARBOROUGH, in the OX10 postcode district. The below map shows the position of No. 2 on GRAVEL LANE.