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 ORWELL DRIVE is a large detached house of 120m², built sometime between 1991 and 1995. It was last sold for £454,000 in August 2020, which was around 36% below the average August 2020 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 2 ORWELL DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the four 2 ORWELL DRIVE 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 24 AUG | £454,000 | £707,677 | 36% below HPI |
2015 7 OCT | £427,500 | £607,641 | 30% below HPI |
2002 20 JUN | £237,500 | £314,428 | 24% below HPI |
1999 1 APR | £145,000 | £205,100 | 29% below HPI |
The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The four 2 ORWELL DRIVE sales between April 1999 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 October 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
2 ORWELL DRIVE is 120m² according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses in Didcot, based on EPC data. The below chart shows the distribution of detached houses by size in Didcot, and where 2 ORWELL DRIVE lies on this distribution: 70% of detached houses are smaller than 2 ORWELL DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Didcot.
2 ORWELL DRIVE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 2 ORWELL DRIVE, 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 ORWELL DRIVE). 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.
2 ORWELL DRIVE is located in DIDCOT, in the OX11 postcode district. The below map shows the position of No. 2 on ORWELL DRIVE.