3, STANWAY CLOSE, WITNEY, OX28 5GA - £600,000

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 STANWAY CLOSE is a very large extended detached house of 172m², built sometime between 1991 and 1995, which could now be worth an estimated £695,513. It was last sold for £600,000 in October 2017, which was around 5% above the average October 2017 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

3 STANWAY CLOSE Sold Prices

Land registry data shows five sales for 3 STANWAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the five 3 STANWAY CLOSE sales were for above 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 30 OCT	£600,000	£568,789	5% above HPI
2014 9 MAY	£500,000	£441,589	13% above HPI
2011 23 JUN	£490,000	£387,241	27% above HPI
2003 1 AUG	£374,000	£321,139	16% above HPI
1998 25 AUG	£195,000	£176,790	10% above HPI

3 STANWAY CLOSE 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 five 3 STANWAY CLOSE sales between August 1998 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 May 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2017 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 3 STANWAY CLOSE be worth now?

3 STANWAY CLOSE might now be worth an estimated £695,513.

This is based on house price inflation of 15.9%, between October 2017 and February 2025, for detached houses, in the West Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.9% inflationary increase is applied to the most recent sale price for 3 STANWAY CLOSE of £600,000 on 30th October 2017. For the value to have increased from £600,000 to £695,513 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 STANWAY CLOSE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The October 2017 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STANWAY CLOSE has not materially changed since October 2017.

How Large is 3 STANWAY CLOSE?

3 STANWAY CLOSE is 172m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses houses in Witney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witney, and where 3 STANWAY CLOSE lies on this distribution: 90% of detached houses houses are smaller than 3 STANWAY CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Witney.

3 STANWAY CLOSE: Plot and Title Map

3 STANWAY CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 3 STANWAY 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 STANWAY 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 STANWAY CLOSE?

3 STANWAY CLOSE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 3 on STANWAY CLOSE.