3, ELM CLOSE, WHEATLEY, OXFORD, OX33 1UW - £550,000

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 ELM CLOSE is a small extended detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £671,214. It was last sold for £550,000 in October 2017, which was around 15% below the average October 2017 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 ELM CLOSE Sold Prices

Land registry data shows two sales for 3 ELM 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 South Oxfordshire local authority area for the corresponding sale date. Both of the two 3 ELM 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 12 OCT	£550,000	£646,650	15% below HPI
2015 1 APR	£329,000	£553,185	41% below HPI

3 ELM CLOSE 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 two 3 ELM CLOSE sales from April 2015 and October 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 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 ELM CLOSE be worth now?

3 ELM CLOSE might now be worth an estimated £671,214.

This is based on house price inflation of 22%, between October 2017 and February 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 22% inflationary increase is applied to the most recent sale price for 3 ELM CLOSE of £550,000 on 12th October 2017. For the value to have increased from £550,000 to £671,214 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 ELM CLOSE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The October 2017 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELM CLOSE has not materially changed since October 2017.

How Large is 3 ELM CLOSE?

3 ELM CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses houses in Wheatley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wheatley, and where 3 ELM CLOSE lies on this distribution: 20% of detached houses houses are smaller than 3 ELM CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Wheatley.

3 ELM CLOSE: Plot and Title Map

3 ELM CLOSE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 3 ELM 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 3 ELM 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 3 ELM CLOSE?

3 ELM CLOSE is located in WHEATLEY, in the OX33 postcode district. The below map shows the position of No. 3 on ELM CLOSE.