2, OAKDALE LANE, WITNEY, OX28 1GH - £425,000

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 OAKDALE LANE is a large detached house of 135m², built sometime between 2003 and 2006, which could now be worth an estimated £639,115. It was last sold for £425,000 in March 2014, which was around 3% below the average March 2014 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

2 OAKDALE LANE Sold Prices

Land registry data shows three sales for 2 OAKDALE 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 West Oxfordshire local authority area for the corresponding sale date. The three 2 OAKDALE LANE sales were a mix of below the average price, and roughly equal to 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 28 MAR	£425,000	£438,445	3% below HPI
2013 4 JUL	£394,000	£423,921	7% below HPI
2006 5 DEC	£375,000	£375,689	Close to HPI

2 OAKDALE LANE 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 OAKDALE LANE sales between December 2006 and March 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 July 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2014 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 OAKDALE LANE be worth now?

2 OAKDALE LANE might now be worth an estimated £639,115.

This is based on house price inflation of 50.4%, between March 2014 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 50.4% inflationary increase is applied to the most recent sale price for 2 OAKDALE LANE of £425,000 on 28th March 2014. For the value to have increased from £425,000 to £639,115 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 2 OAKDALE LANE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The March 2014 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKDALE LANE has not materially changed since March 2014.

How Large is 2 OAKDALE LANE?

2 OAKDALE LANE is 135m² according to the EPC inspection conducted in February 2009. This puts it in the largest 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 OAKDALE LANE lies on this distribution: 67% of detached houses houses are smaller than 2 OAKDALE LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Witney.

2 OAKDALE LANE: Plot and Title Map

2 OAKDALE LANE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 2 OAKDALE 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 OAKDALE 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 OAKDALE LANE?

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