5, WARDS LANE, FINSTOCK, CHIPPING NORTON, OX7 3BP - £542,500

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.

5 WARDS LANE is a small extended detached house of 132m², built sometime before 1900, which could now be worth an estimated £676,276. It was last sold for £542,500 in June 2016, which was around 1% above the average June 2016 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

5 WARDS LANE Sold Prices

Land registry data shows three sales for 5 WARDS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. One of the three 5 WARDS LANE sales was for above the average price, whilst two 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
2016 24 JUN	£542,500	£536,419	1% above HPI
2003 17 FEB	£280,000	£310,567	10% below HPI
1995 15 DEC	£69,500	£123,792	44% below HPI

5 WARDS 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 three 5 WARDS LANE sales between December 1995 and June 2016 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 February 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2016 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 5 WARDS LANE be worth now?

5 WARDS LANE might now be worth an estimated £676,276.

This is based on house price inflation of 24.7%, between June 2016 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 24.7% inflationary increase is applied to the most recent sale price for 5 WARDS LANE of £542,500 on 24th June 2016. For the value to have increased from £542,500 to £676,276 over the nine years and three months to March 2025, the following assumptions must hold true:

• The value of 5 WARDS LANE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The June 2016 sale price of £542,500 represented a fair market value for the property.
• The size, condition, and specification of 5 WARDS LANE has not materially changed since June 2016.

How Large is 5 WARDS LANE?

5 WARDS LANE is 132m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses houses in Finstock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Finstock, and where 5 WARDS LANE lies on this distribution: 33% of detached houses houses are smaller than 5 WARDS LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Finstock.

5 WARDS LANE: Plot and Title Map

5 WARDS LANE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 5 WARDS 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 WARDS 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 WARDS LANE?

5 WARDS LANE is located in FINSTOCK, in the OX7 postcode district. The below map shows the position of No. 5 on WARDS LANE.