8, FARLEY CLOSE, STONESFIELD, WITNEY, OX29 8EE - £290,000

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.

8 FARLEY CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £338,002. It was last sold for £290,000 in April 2018, which was around 49% below the average April 2018 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was B.

8 FARLEY CLOSE Sold Prices

Land registry data shows two sales for 8 FARLEY 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 West Oxfordshire local authority area for the corresponding sale date. Both of the two 8 FARLEY 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
2018 27 APR	£290,000	£565,697	49% below HPI
2015 23 OCT	£300,000	£510,307	41% below HPI

8 FARLEY CLOSE 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 8 FARLEY CLOSE sales from October 2015 and April 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 October 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2018 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 8 FARLEY CLOSE be worth now?

8 FARLEY CLOSE might now be worth an estimated £338,002.

This is based on house price inflation of 16.6%, between April 2018 and February 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 16.6% inflationary increase is applied to the most recent sale price for 8 FARLEY CLOSE of £290,000 on 27th April 2018. For the value to have increased from £290,000 to £338,002 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 8 FARLEY CLOSE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The April 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FARLEY CLOSE has not materially changed since April 2018.

How Large is 8 FARLEY CLOSE?

8 FARLEY CLOSE is 66m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses houses in Stonesfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stonesfield, and where 8 FARLEY CLOSE lies on this distribution: 5% of detached houses houses are smaller than 8 FARLEY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Stonesfield.

8 FARLEY CLOSE: Plot and Title Map

8 FARLEY CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 8 FARLEY 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 FARLEY 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 FARLEY CLOSE?

8 FARLEY CLOSE is located in STONESFIELD, in the OX29 postcode district. The below map shows the position of No. 8 on FARLEY CLOSE.