3, FAIRFAX CLOSE, THAME, OX9 3XE - £572,500

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 FAIRFAX CLOSE is a small detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £648,758. It was last sold for £572,500 in August 2021, which was around 18% below the average August 2021 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

3 FAIRFAX CLOSE Sold Prices

Land registry data shows three sales for 3 FAIRFAX CLOSE 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 FAIRFAX 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
2021 3 AUG	£572,500	£696,403	18% below HPI
2010 9 JUN	£385,000	£456,900	16% below HPI
2002 1 MAR	£250,000	£298,321	16% below HPI

3 FAIRFAX 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 three 3 FAIRFAX CLOSE sales between March 2002 and August 2021 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 June 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 FAIRFAX CLOSE be worth now?

3 FAIRFAX CLOSE might now be worth an estimated £648,758.

This is based on house price inflation of 13.3%, between August 2021 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 13.3% inflationary increase is applied to the most recent sale price for 3 FAIRFAX CLOSE of £572,500 on 3rd August 2021. For the value to have increased from £572,500 to £648,758 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 3 FAIRFAX CLOSE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The August 2021 sale price of £572,500 represented a fair market value for the property.
• The size, condition, and specification of 3 FAIRFAX CLOSE has not materially changed since August 2021.

How Large is 3 FAIRFAX CLOSE?

3 FAIRFAX CLOSE is 95m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% 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 FAIRFAX CLOSE lies on this distribution: 23% of detached houses houses are smaller than 3 FAIRFAX CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Thame.

3 FAIRFAX CLOSE: Plot and Title Map

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

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