3, BURGAGE PLACE, THAME, OX9 2ES - £540,000

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.

3 BURGAGE PLACE is a large detached house of 149m², built sometime between 1996 and 2002, which could now be worth an estimated £727,126. It was last sold for £540,000 in May 2015, which was around 5% below the average May 2015 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 BURGAGE PLACE Sold Prices

Land registry data shows three sales for 3 BURGAGE PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the three 3 BURGAGE PLACE 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
2015 6 MAY	£540,000	£565,965	5% below HPI
2006 20 MAR	£365,000	£389,305	6% below HPI
2004 5 MAR	£339,950	£351,610	3% below HPI

3 BURGAGE PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three 3 BURGAGE PLACE sales between March 2004 and May 2015 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 March 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 BURGAGE PLACE be worth now?

3 BURGAGE PLACE might now be worth an estimated £727,126.

This is based on house price inflation of 34.7%, between May 2015 and March 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.7% inflationary increase is applied to the most recent sale price for 3 BURGAGE PLACE of £540,000 on 6th May 2015. For the value to have increased from £540,000 to £727,126 over the ten years and two months to March 2025, the following assumptions must hold true:

• The value of 3 BURGAGE PLACE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The May 2015 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BURGAGE PLACE has not materially changed since May 2015.

How Large is 3 BURGAGE PLACE?

3 BURGAGE PLACE is 149m² according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of detached houses houses in Thame, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thame, and where 3 BURGAGE PLACE lies on this distribution: 69% of detached houses houses are smaller than 3 BURGAGE PLACE, and 30% of houses are larger. Note that EPC data is not available for all properties in Thame.

3 BURGAGE PLACE: Plot and Title Map

3 BURGAGE PLACE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 3 BURGAGE PLACE, 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 3 BURGAGE PLACE). 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 3 BURGAGE PLACE?

3 BURGAGE PLACE is located in THAME, in the OX9 postcode district. The below map shows the position of No. 3 on BURGAGE PLACE.