8, STANWAY CLOSE, WITNEY, OX28 5GA - £393,500

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 STANWAY CLOSE is a midsized detached house of 109m², built sometime between 1991 and 1995, which could now be worth an estimated £587,533. It was last sold for £393,500 in May 2014, which was around 11% below the average May 2014 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

8 STANWAY CLOSE Sold Prices

Land registry data shows two sales for 8 STANWAY 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 STANWAY 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
2014 8 MAY	£393,500	£441,589	11% below HPI
1997 8 MAY	£125,000	£141,417	12% below HPI

8 STANWAY 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 STANWAY CLOSE sales from May 1997 and May 2014 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 May 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 STANWAY CLOSE be worth now?

8 STANWAY CLOSE might now be worth an estimated £587,533.

This is based on house price inflation of 49.3%, between May 2014 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 49.3% inflationary increase is applied to the most recent sale price for 8 STANWAY CLOSE of £393,500 on 8th May 2014. For the value to have increased from £393,500 to £587,533 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 8 STANWAY CLOSE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The May 2014 sale price of £393,500 represented a fair market value for the property.
• The size, condition, and specification of 8 STANWAY CLOSE has not materially changed since May 2014.

How Large is 8 STANWAY CLOSE?

8 STANWAY CLOSE is 109m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses houses in Witney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witney, and where 8 STANWAY CLOSE lies on this distribution: 42% of detached houses houses are smaller than 8 STANWAY CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Witney.

8 STANWAY CLOSE: Plot and Title Map

8 STANWAY CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 8 STANWAY 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 STANWAY 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 STANWAY CLOSE?

8 STANWAY CLOSE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 8 on STANWAY CLOSE.