2, MONUMENT ROAD, CHALGROVE, OXFORD, OX44 7RH - £625,000

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

2 MONUMENT ROAD is a very large extended detached house of 190m², built sometime between 1950 and 1966, which could now be worth an estimated £724,437. It was last sold for £625,000 in May 2021, which was around 8% below the average May 2021 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

2 MONUMENT ROAD Sold Prices

Land registry data shows two sales for 2 MONUMENT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two 2 MONUMENT 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
2021 12 MAY	£625,000	£679,239	8% below HPI
2012 18 MAY	£345,000	£459,862	25% below HPI

2 MONUMENT ROAD 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 two 2 MONUMENT ROAD sales from May 2012 and May 2021 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 May 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 MONUMENT ROAD be worth now?

2 MONUMENT ROAD might now be worth an estimated £724,437.

This is based on house price inflation of 15.9%, between May 2021 and December 2024, 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 15.9% inflationary increase is applied to the most recent sale price for 2 MONUMENT ROAD of £625,000 on 12th May 2021. For the value to have increased from £625,000 to £724,437 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 2 MONUMENT ROAD has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The May 2021 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MONUMENT ROAD has not materially changed since May 2021.

How Large is 2 MONUMENT ROAD?

2 MONUMENT ROAD is 190m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses houses in Chalgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chalgrove, and where 2 MONUMENT ROAD lies on this distribution: 95% of detached houses houses are smaller than 2 MONUMENT ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Chalgrove.

2 MONUMENT ROAD: Plot and Title Map

2 MONUMENT ROAD sits on a plot of roughly 0.348 of an acre, or 1,408m². The below map shows the location of 2 MONUMENT 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 2 MONUMENT 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 2 MONUMENT ROAD?

2 MONUMENT ROAD is located in CHALGROVE, in the OX44 postcode district. The below map shows the position of No. 2 on MONUMENT ROAD.