8, ELM FARM CLOSE, GROVE, WANTAGE, OX12 9FD - £545,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 ELM FARM CLOSE is a very large extended detached house of 158m², built sometime between 2003 and 2006. It was last sold for £545,000 in December 2022, which was around 12% below the average December 2022 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

8 ELM FARM CLOSE Sold Prices

Land registry data shows two sales for 8 ELM FARM 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 Vale of White Horse local authority area for the corresponding sale date. One of the two 8 ELM FARM CLOSE 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
2022 9 DEC	£545,000	£620,088	12% below HPI
2003 31 OCT	£440,500	£309,943	42% above HPI

8 ELM FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of White Horse local authority area over time, sourced from the HPI. The two 8 ELM FARM CLOSE sales from October 2003 and December 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 October 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the December 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 ELM FARM CLOSE be worth now?

8 ELM FARM CLOSE might now be worth an estimated £564,325.

This is based on house price inflation of 3.5%, between December 2022 and December 2024, for detached houses, in the Vale of White Horse local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% inflationary increase is applied to the most recent sale price for 8 ELM FARM CLOSE of £545,000 on 9th December 2022. For the value to have increased from £545,000 to £564,325 over the two years to December 2024, the following assumptions must hold true:

• The value of 8 ELM FARM CLOSE has moved in line with the HPI for detached houses in the Vale of White Horse local authority area.
• The December 2022 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELM FARM CLOSE has not materially changed since December 2022.

How Large is 8 ELM FARM CLOSE?

8 ELM FARM CLOSE is 158m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses houses in Grove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grove, and where 8 ELM FARM CLOSE lies on this distribution: 91% of detached houses houses are smaller than 8 ELM FARM CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Grove.

8 ELM FARM CLOSE: Plot and Title Map

8 ELM FARM CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 8 ELM FARM 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 8 ELM FARM 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 8 ELM FARM CLOSE?

8 ELM FARM CLOSE is located in GROVE, in the OX12 postcode district. The below map shows the position of No. 8 on ELM FARM CLOSE.