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
4 LUDLOW DRIVE is a midsized extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £515,000 in June 2022, which was around 33% below the average June 2022 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 LUDLOW DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the three 4 LUDLOW DRIVE 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 |
---|---|---|---|
2022 1 JUN | £515,000 | £770,263 | 33% below HPI |
1999 12 NOV | £149,000 | £228,798 | 35% below HPI |
1996 15 NOV | £105,000 | £150,747 | 30% below HPI |
The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three 4 LUDLOW DRIVE sales between November 1996 and June 2022 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 November 1999 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
4 LUDLOW DRIVE is 123m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% of detached houses in Thame, based on EPC data. The below chart shows the distribution of detached houses by size in Thame, and where 4 LUDLOW DRIVE lies on this distribution: 52% of detached houses are smaller than 4 LUDLOW DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Thame.
4 LUDLOW DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 4 LUDLOW DRIVE, 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 4 LUDLOW DRIVE). 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.
4 LUDLOW DRIVE is located in THAME, in the OX9 postcode district. The below map shows the position of No. 4 on LUDLOW DRIVE.