2, PARK LANE, CARTERTON, OX18 1LX - £340,000

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 PARK LANE is a very large extended detached house of 168m², built sometime between 2003 and 2006, which could now be worth an estimated £515,227. It was last sold for £340,000 in December 2013, which was around 22% below the average December 2013 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

2 PARK LANE Sold Prices

Land registry data shows two sales for 2 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. Both of the two 2 PARK 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
2013 20 DEC	£340,000	£435,097	22% below HPI
2006 28 JUL	£314,000	£373,692	16% below HPI

2 PARK 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 two 2 PARK LANE sales from July 2006 and December 2013 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2013 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 PARK LANE be worth now?

2 PARK LANE might now be worth an estimated £515,227.

This is based on house price inflation of 51.5%, between December 2013 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 51.5% inflationary increase is applied to the most recent sale price for 2 PARK LANE of £340,000 on 20th December 2013. For the value to have increased from £340,000 to £515,227 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 PARK LANE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The December 2013 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK LANE has not materially changed since December 2013.

How Large is 2 PARK LANE?

2 PARK LANE is 168m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses houses in Carterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carterton, and where 2 PARK LANE lies on this distribution: 90% of detached houses houses are smaller than 2 PARK LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Carterton.

2 PARK LANE: Plot and Title Map

2 PARK LANE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 2 PARK 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 PARK 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 PARK LANE?

2 PARK LANE is located in CARTERTON, in the OX18 postcode district. The below map shows the position of No. 2 on PARK LANE.