5, GREY LANE, WITNEY, OX28 1FN - £475,000

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 GREY LANE is a midsized extended detached house of 109m², built sometime between 2003 and 2006. It was last sold for £475,000 in March 2022, which was around 15% below the average March 2022 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

5 GREY LANE Sold Prices

Land registry data shows two sales for 5 GREY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. Both of the two 5 GREY LANE 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 18 MAR	£475,000	£556,476	15% below HPI
2005 16 DEC	£248,000	£325,442	24% below HPI

5 GREY LANE 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 two 5 GREY LANE sales from December 2005 and March 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 December 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 GREY LANE?

5 GREY LANE is 109m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of detached houses in Witney, based on EPC data. The below chart shows the distribution of detached houses by size in Witney, and where 5 GREY LANE lies on this distribution: 42% of detached houses are smaller than 5 GREY LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Witney.

5 GREY LANE: Plot and Title Map

5 GREY LANE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 5 GREY LANE, 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 GREY LANE). 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 GREY LANE?

5 GREY LANE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 5 on GREY LANE.