7, FAIRFAX CLOSE, THAME, OX9 3XE - £550,000

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.

7 FAIRFAX CLOSE is a very small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £603,183. It was last sold for £550,000 in February 2022, which was around 24% below the average February 2022 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

7 FAIRFAX CLOSE Sold Prices

Land registry data shows two sales for 7 FAIRFAX CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two 7 FAIRFAX 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
2022 11 FEB	£550,000	£719,584	24% below HPI
2000 8 DEC	£184,000	£268,937	32% below HPI

7 FAIRFAX 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 two 7 FAIRFAX CLOSE sales from December 2000 and February 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 2000 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 7 FAIRFAX CLOSE be worth now?

7 FAIRFAX CLOSE might now be worth an estimated £603,183.

This is based on house price inflation of 9.7%, between February 2022 and February 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.7% inflationary increase is applied to the most recent sale price for 7 FAIRFAX CLOSE of £550,000 on 11th February 2022. For the value to have increased from £550,000 to £603,183 over the three years to February 2025, the following assumptions must hold true:

• The value of 7 FAIRFAX CLOSE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The February 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FAIRFAX CLOSE has not materially changed since February 2022.

How Large is 7 FAIRFAX CLOSE?

7 FAIRFAX CLOSE is 92m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses houses in Thame, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thame, and where 7 FAIRFAX CLOSE lies on this distribution: 20% of detached houses houses are smaller than 7 FAIRFAX CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Thame.

7 FAIRFAX CLOSE: Plot and Title Map

7 FAIRFAX CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 7 FAIRFAX 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 7 FAIRFAX 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 7 FAIRFAX CLOSE?

7 FAIRFAX CLOSE is located in THAME, in the OX9 postcode district. The below map shows the position of No. 7 on FAIRFAX CLOSE.