8, MILES DRIVE, GROVE, WANTAGE, OX12 7JA - £400,000

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 MILES DRIVE is a very small extended detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £410,973. It was last sold for £400,000 in September 2022, which was around 36% below the average September 2022 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

8 MILES DRIVE Sold Prices

Land registry data shows five sales for 8 MILES DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Vale of White Horse local authority area for the corresponding sale date. All of the five 8 MILES DRIVE 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 23 SEP	£400,000	£624,931	36% below HPI
2012 30 AUG	£280,000	£401,211	30% below HPI
2005 6 SEP	£249,500	£331,315	25% below HPI
2002 9 APR	£168,500	£264,470	36% below HPI
1995 30 OCT	£82,000	£116,661	30% below HPI

8 MILES DRIVE 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 five 8 MILES DRIVE sales between October 1995 and September 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 August 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 8 MILES DRIVE be worth now?

8 MILES DRIVE might now be worth an estimated £410,973.

This is based on house price inflation of 2.7%, between September 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 2.7% inflationary increase is applied to the most recent sale price for 8 MILES DRIVE of £400,000 on 23rd September 2022. For the value to have increased from £400,000 to £410,973 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 8 MILES DRIVE has moved in line with the HPI for detached houses in the Vale of White Horse local authority area.
• The September 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MILES DRIVE has not materially changed since September 2022.

How Large is 8 MILES DRIVE?

8 MILES DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% 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 MILES DRIVE lies on this distribution: 14% of detached houses houses are smaller than 8 MILES DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Grove.

8 MILES DRIVE: Plot and Title Map

8 MILES DRIVE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 8 MILES DRIVE, 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 MILES DRIVE). 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 MILES DRIVE?

8 MILES DRIVE is located in GROVE, in the OX12 postcode district. The below map shows the position of No. 8 on MILES DRIVE.