2, SPINAGE CLOSE, FARINGDON, SN7 7BW - £275,000

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 SPINAGE CLOSE is a midsized detached house of 117m². It was last sold for £275,000 in June 2012, which was around 32% below the average June 2012 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was June 2009, where the current energy rating was B, and the potential energy rating was B.

2 SPINAGE CLOSE Sold Prices

Land registry data shows two sales for 2 SPINAGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Vale of White Horse local authority area for the corresponding sale date. Both of the two 2 SPINAGE CLOSE 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
2012 29 JUN	£275,000	£402,587	32% below HPI
2009 1 OCT	£275,000	£360,836	24% below HPI

2 SPINAGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of White Horse local authority area over time, sourced from the HPI. The two 2 SPINAGE CLOSE sales from October 2009 and June 2012 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 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2012 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 SPINAGE CLOSE?

2 SPINAGE CLOSE is 117m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 50% of detached houses in Faringdon, based on EPC data. The below chart shows the distribution of detached houses by size in Faringdon, and where 2 SPINAGE CLOSE lies on this distribution: 46% of detached houses are smaller than 2 SPINAGE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Faringdon.

2 SPINAGE CLOSE: Plot and Title Map

2 SPINAGE CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 2 SPINAGE 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 SPINAGE 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 SPINAGE CLOSE?

2 SPINAGE CLOSE is located in FARINGDON, in the SN7 postcode district. The below map shows the position of No. 2 on SPINAGE CLOSE.