2, TEAL CLOSE, GROVE, WANTAGE, OX12 0QF - £243,000

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 TEAL CLOSE is a very small detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £404,027. It was last sold for £243,000 in July 2011, which was around 37% below the average July 2011 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

2 TEAL CLOSE Sold Prices

Land registry data shows two sales for 2 TEAL 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 TEAL 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
2011 4 JUL	£243,000	£386,173	37% below HPI
2003 1 AUG	£185,000	£309,401	40% below HPI

2 TEAL 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 TEAL CLOSE sales from August 2003 and July 2011 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 August 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2011 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 TEAL CLOSE be worth now?

2 TEAL CLOSE might now be worth an estimated £404,027.

This is based on house price inflation of 66.3%, between July 2011 and December 2024, for detached houses, in the Vale of White Horse local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.3% inflationary increase is applied to the most recent sale price for 2 TEAL CLOSE of £243,000 on 4th July 2011. For the value to have increased from £243,000 to £404,027 over the twelve years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 TEAL CLOSE has moved in line with the HPI for detached houses in the Vale of White Horse local authority area.
• The July 2011 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TEAL CLOSE has not materially changed since July 2011.

How Large is 2 TEAL CLOSE?

2 TEAL CLOSE is 83m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses houses in Grove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grove, and where 2 TEAL CLOSE lies on this distribution: 11% of detached houses houses are smaller than 2 TEAL CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Grove.

2 TEAL CLOSE: Plot and Title Map

2 TEAL CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 TEAL 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 TEAL 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 TEAL CLOSE?

2 TEAL CLOSE is located in GROVE, in the OX12 postcode district. The below map shows the position of No. 2 on TEAL CLOSE.