38, THE CEDARS, BENSON, WALLINGFORD, OX10 6LL - £307,500

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.

38 THE CEDARS is a very small extended semi-detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £365,402. It was last sold for £307,500 in February 2021, which was around 21% below the average February 2021 semi-detached price in the South Oxfordshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

38 THE CEDARS Sold Prices

Land registry data shows four sales for 38 THE CEDARS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the four 38 THE CEDARS 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 16 FEB	£307,500	£390,528	21% below HPI
2019 30 SEP	£340,000	£374,164	9% below HPI
2010 2 NOV	£250,000	£263,296	5% below HPI
2002 6 SEP	£178,000	£181,828	2% below HPI

38 THE CEDARS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The four 38 THE CEDARS sales between September 2002 and February 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 September 2019 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 38 THE CEDARS be worth now?

38 THE CEDARS might now be worth an estimated £365,402.

This is based on house price inflation of 18.8%, between February 2021 and February 2025, for semi-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 18.8% inflationary increase is applied to the most recent sale price for 38 THE CEDARS of £307,500 on 16th February 2021. For the value to have increased from £307,500 to £365,402 over the four years to February 2025, the following assumptions must hold true:

• The value of 38 THE CEDARS has moved in line with the HPI for semi-detached houses in the South Oxfordshire local authority area.
• The February 2021 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 38 THE CEDARS has not materially changed since February 2021.

How Large is 38 THE CEDARS?

38 THE CEDARS is 81m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of semi-detached houses houses in Benson, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Benson, and where 38 THE CEDARS lies on this distribution: 5% of semi-detached houses houses are smaller than 38 THE CEDARS, and 94% of houses are larger. Note that EPC data is not available for all properties in Benson.

38 THE CEDARS: Plot and Title Map

38 THE CEDARS sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 38 THE CEDARS, 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 38 THE CEDARS). 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 38 THE CEDARS?

38 THE CEDARS is located in BENSON, in the OX10 postcode district. The below map shows the position of No. 38 on THE CEDARS.