3, PARK VIEW LANE, WITNEY, OX28 1FZ - £295,000

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

3 PARK VIEW LANE is a very small semi-detached house of 80m², built sometime between 2003 and 2006. It was last sold for £295,000 in May 2014, which was around 28% below the average May 2014 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

3 PARK VIEW LANE Sold Prices

Land registry data shows two sales for 3 PARK VIEW LANE 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 3 PARK VIEW LANE 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
2014 30 MAY	£295,000	£407,648	28% below HPI
2006 22 SEP	£229,995	£355,734	35% below HPI

3 PARK VIEW LANE 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 3 PARK VIEW LANE sales from September 2006 and May 2014 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 September 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2014 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 PARK VIEW LANE?

3 PARK VIEW LANE is 80m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Witney, based on EPC data. The below chart shows the distribution of detached houses by size in Witney, and where 3 PARK VIEW LANE lies on this distribution: 11% of detached houses are smaller than 3 PARK VIEW LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Witney.

3 PARK VIEW LANE: Plot and Title Map

3 PARK VIEW LANE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 3 PARK VIEW LANE, 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 PARK VIEW LANE). 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 PARK VIEW LANE?

3 PARK VIEW LANE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 3 on PARK VIEW LANE.