31, OAKMEAD, WITNEY, OX28 1EF - £350,000

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.

31 OAKMEAD is a small detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £460,602. It was last sold for £350,000 in July 2015, which was around 30% below the average July 2015 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

31 OAKMEAD Sold Prices

Land registry data shows four sales for 31 OAKMEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the four 31 OAKMEAD 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 27 JUL	£350,000	£501,011	30% below HPI
2013 6 DEC	£285,000	£435,097	34% below HPI
2004 3 SEP	£208,500	£340,477	39% below HPI
2002 31 JAN	£177,995	£258,561	31% below HPI

31 OAKMEAD 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 four 31 OAKMEAD sales between January 2002 and July 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 December 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 31 OAKMEAD be worth now?

31 OAKMEAD might now be worth an estimated £460,602.

This is based on house price inflation of 31.6%, between July 2015 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 31.6% inflationary increase is applied to the most recent sale price for 31 OAKMEAD of £350,000 on 27th July 2015. For the value to have increased from £350,000 to £460,602 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 31 OAKMEAD has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The July 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 31 OAKMEAD has not materially changed since July 2015.

How Large is 31 OAKMEAD?

31 OAKMEAD is 92m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% 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 31 OAKMEAD lies on this distribution: 24% of detached houses houses are smaller than 31 OAKMEAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Witney.

31 OAKMEAD: Plot and Title Map

31 OAKMEAD sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 31 OAKMEAD, 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 31 OAKMEAD). 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 31 OAKMEAD?

31 OAKMEAD is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 31 on OAKMEAD.