8, STRAFFORD WAY, THAME, OX9 3XX - £510,000

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 STRAFFORD WAY is a very small extended detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £534,162. It was last sold for £510,000 in June 2022, which was around 32% below the average June 2022 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

8 STRAFFORD WAY Sold Prices

Land registry data shows two sales for 8 STRAFFORD WAY 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 8 STRAFFORD WAY 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 8 JUN	£510,000	£753,468	32% below HPI
2015 17 JUL	£356,950	£576,320	38% below HPI

8 STRAFFORD WAY 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 8 STRAFFORD WAY sales from July 2015 and June 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 July 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 8 STRAFFORD WAY be worth now?

8 STRAFFORD WAY might now be worth an estimated £534,162.

This is based on house price inflation of 4.7%, between June 2022 and February 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.7% inflationary increase is applied to the most recent sale price for 8 STRAFFORD WAY of £510,000 on 8th June 2022. For the value to have increased from £510,000 to £534,162 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 8 STRAFFORD WAY has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The June 2022 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STRAFFORD WAY has not materially changed since June 2022.

How Large is 8 STRAFFORD WAY?

8 STRAFFORD WAY is 79m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses houses in Thame, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thame, and where 8 STRAFFORD WAY lies on this distribution: 7% of detached houses houses are smaller than 8 STRAFFORD WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Thame.

8 STRAFFORD WAY: Plot and Title Map

8 STRAFFORD WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 8 STRAFFORD WAY, 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 STRAFFORD WAY). 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 STRAFFORD WAY?

8 STRAFFORD WAY is located in THAME, in the OX9 postcode district. The below map shows the position of No. 8 on STRAFFORD WAY.