28, STANWAY CLOSE, WITNEY, OX28 5GA - £420,000

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.

28 STANWAY CLOSE is a small detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £488,605. It was last sold for £420,000 in August 2017, which was around 26% below the average August 2017 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

28 STANWAY CLOSE Sold Prices

Land registry data shows four sales for 28 STANWAY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the four 28 STANWAY 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
2017 7 AUG	£420,000	£566,757	26% below HPI
2014 9 APR	£350,000	£442,538	21% below HPI
2010 30 JUL	£295,000	£409,798	28% below HPI
2004 13 DEC	£272,500	£334,894	19% below HPI

28 STANWAY CLOSE 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 four 28 STANWAY CLOSE sales between December 2004 and August 2017 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 April 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 28 STANWAY CLOSE be worth now?

28 STANWAY CLOSE might now be worth an estimated £488,605.

This is based on house price inflation of 16.3%, between August 2017 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 16.3% inflationary increase is applied to the most recent sale price for 28 STANWAY CLOSE of £420,000 on 7th August 2017. For the value to have increased from £420,000 to £488,605 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 28 STANWAY CLOSE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The August 2017 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 28 STANWAY CLOSE has not materially changed since August 2017.

How Large is 28 STANWAY CLOSE?

28 STANWAY CLOSE is 98m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses houses in Witney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witney, and where 28 STANWAY CLOSE lies on this distribution: 30% of detached houses houses are smaller than 28 STANWAY CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Witney.

28 STANWAY CLOSE: Plot and Title Map

28 STANWAY CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 28 STANWAY 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 28 STANWAY 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 28 STANWAY CLOSE?

28 STANWAY CLOSE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 28 on STANWAY CLOSE.