294, THORNEY LEYS, WITNEY, OX28 5PB - £301,000

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

294 THORNEY LEYS is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £301,000 in May 2019, which was around 40% below the average May 2019 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

294 THORNEY LEYS Sold Prices

Land registry data shows two sales for 294 THORNEY LEYS 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 294 THORNEY LEYS 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
2019 3 MAY	£301,000	£499,219	40% below HPI
1996 30 APR	£73,000	£111,328	34% below HPI

294 THORNEY LEYS 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 294 THORNEY LEYS sales from April 1996 and May 2019 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 1996 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 294 THORNEY LEYS?

294 THORNEY LEYS is 69m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Witney, based on EPC data. The below chart shows the distribution of detached houses by size in Witney, and where 294 THORNEY LEYS lies on this distribution: 5% of detached houses are smaller than 294 THORNEY LEYS, and 95% of houses are larger. Note that EPC data is not available for all properties in Witney.

294 THORNEY LEYS: Plot and Title Map

294 THORNEY LEYS sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 294 THORNEY LEYS, 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 294 THORNEY LEYS). 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 294 THORNEY LEYS?

294 THORNEY LEYS is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 294 on THORNEY LEYS.