324, THORNEY LEYS, WITNEY, OX28 5PB - £228,000

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

324 THORNEY LEYS is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £228,000 in July 2017, which was around 56% below the average July 2017 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

324 THORNEY LEYS Sold Prices

Land registry data shows three sales for 324 THORNEY LEYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the three 324 THORNEY LEYS 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 14 JUL	£228,000	£515,701	56% below HPI
2014 23 DEC	£190,000	£428,952	56% below HPI
1996 14 AUG	£79,500	£121,609	35% below HPI

324 THORNEY LEYS 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 three 324 THORNEY LEYS sales between August 1996 and July 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 December 2014 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the July 2017 sale, which was also at 56% below the HPI.

How Large is 324 THORNEY LEYS?

324 THORNEY LEYS is 69m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Witney, based on EPC data. The below chart shows the distribution of detached houses by size in Witney, and where 324 THORNEY LEYS lies on this distribution: 5% of detached houses are smaller than 324 THORNEY LEYS, and 95% of houses are larger. Note that EPC data is not available for all properties in Witney.

324 THORNEY LEYS: Plot and Title Map

324 THORNEY LEYS sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 324 THORNEY LEYS, 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 324 THORNEY LEYS). 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 324 THORNEY LEYS?

324 THORNEY LEYS is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 324 on THORNEY LEYS.