5, MADLEY WAY, WITNEY, OX28 1AT - £530,000

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.

5 MADLEY WAY is a very large detached house of 173m², built sometime between 2003 and 2006, which could now be worth an estimated £621,240. It was last sold for £530,000 in November 2018, which was around 7% below the average November 2018 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

5 MADLEY WAY Sold Prices

Land registry data shows two sales for 5 MADLEY WAY 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. One of the two 5 MADLEY WAY sales was for below the average price, whilst the other was for above 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
2018 1 NOV	£530,000	£570,485	7% below HPI
2005 29 APR	£355,000	£341,470	4% above HPI

5 MADLEY WAY 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 MADLEY WAY sales from April 2005 and November 2018 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 April 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 5 MADLEY WAY be worth now?

5 MADLEY WAY might now be worth an estimated £621,240.

This is based on house price inflation of 17.2%, between November 2018 and March 2025, for detached houses, in the West Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.2% inflationary increase is applied to the most recent sale price for 5 MADLEY WAY of £530,000 on 1st November 2018. For the value to have increased from £530,000 to £621,240 over the seven years and eight months to March 2025, the following assumptions must hold true:

• The value of 5 MADLEY WAY has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The November 2018 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MADLEY WAY has not materially changed since November 2018.

How Large is 5 MADLEY WAY?

5 MADLEY WAY is 173m² according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses houses in Witney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witney, and where 5 MADLEY WAY lies on this distribution: 90% of detached houses houses are smaller than 5 MADLEY WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Witney.

5 MADLEY WAY: Plot and Title Map

5 MADLEY WAY sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 5 MADLEY WAY, 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 MADLEY WAY). 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 MADLEY WAY?

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