25B, THE SPRINGS, WITNEY, OX28 4AJ - £375,000

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

25B THE SPRINGS is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £375,000 in November 2020, which was around 30% below the average November 2020 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

25B THE SPRINGS Sold Prices

Land registry data shows two sales for 25B THE SPRINGS 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 25B THE SPRINGS 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 4 NOV	£375,000	£533,037	30% below HPI
2000 28 NOV	£169,950	£218,747	22% below HPI

25B THE SPRINGS 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 25B THE SPRINGS sales from November 2000 and November 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 November 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 25B THE SPRINGS?

25B THE SPRINGS is 90m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Witney, based on EPC data. The below chart shows the distribution of detached houses by size in Witney, and where 25B THE SPRINGS lies on this distribution: 19% of detached houses are smaller than 25B THE SPRINGS, and 77% of houses are larger. Note that EPC data is not available for all properties in Witney.

25B THE SPRINGS: Plot and Title Map

25B THE SPRINGS sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 25B THE SPRINGS, 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 25B THE SPRINGS). 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 25B THE SPRINGS?

25B THE SPRINGS is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 25B on THE SPRINGS.