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

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

7 FAIRFAX CLOSE is a very small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £550,000 in February 2022, which was around 25% 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	£735,623	25% below HPI
2000 8 DEC	£184,000	£274,931	33% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Thame, based on EPC data. The below chart shows the distribution of detached houses by size in Thame, and where 7 FAIRFAX CLOSE lies on this distribution: 20% of detached 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.