5, GRAVEL CLOSE, BENSON, WALLINGFORD, OX10 6SR - £505,000

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

5 GRAVEL CLOSE is a small extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £505,000 in February 2020, which was around 23% below the average February 2020 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

5 GRAVEL CLOSE Sold Prices

Land registry data shows three sales for 5 GRAVEL CLOSE since 1^st 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 5 GRAVEL CLOSE 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
2020 21 FEB	£505,000	£659,221	23% below HPI
2014 10 JAN	£428,000	£510,021	16% below HPI
2000 6 JAN	£194,500	£239,631	19% below HPI

5 GRAVEL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three 5 GRAVEL CLOSE sales between January 2000 and February 2020 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 January 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 GRAVEL CLOSE?

5 GRAVEL CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses in Benson, based on EPC data. The below chart shows the distribution of detached houses by size in Benson, and where 5 GRAVEL CLOSE lies on this distribution: 26% of detached houses are smaller than 5 GRAVEL CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Benson.

5 GRAVEL CLOSE: Plot and Title Map

5 GRAVEL CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 5 GRAVEL 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 5 GRAVEL 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 5 GRAVEL CLOSE?

5 GRAVEL CLOSE is located in BENSON, in the OX10 postcode district. The below map shows the position of No. 5 on GRAVEL CLOSE.