2, MITCHELL CLOSE, THAME, OX9 2ET - £550,000

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

2 MITCHELL CLOSE is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £550,000 in September 2014, which was about the average September 2014 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

2 MITCHELL CLOSE Sold Prices

Land registry data shows three sales for 2 MITCHELL 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 South Oxfordshire local authority area for the corresponding sale date. The three 2 MITCHELL CLOSE sales were a mix of roughly equal to the average price, and 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
2014 5 SEP	£550,000	£548,717	Close to HPI
2006 28 SEP	£335,000	£417,600	20% below HPI
2005 14 NOV	£330,000	£396,295	17% below HPI

2 MITCHELL CLOSE 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 MITCHELL CLOSE sales between November 2005 and September 2014 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 September 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2014 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 MITCHELL CLOSE?

2 MITCHELL CLOSE is 94m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Thame, based on EPC data. The below chart shows the distribution of detached houses by size in Thame, and where 2 MITCHELL CLOSE lies on this distribution: 21% of detached houses are smaller than 2 MITCHELL CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Thame.

2 MITCHELL CLOSE: Plot and Title Map

2 MITCHELL CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 2 MITCHELL 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 MITCHELL 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 MITCHELL CLOSE?

2 MITCHELL CLOSE is located in THAME, in the OX9 postcode district. The below map shows the position of No. 2 on MITCHELL CLOSE.