8, THE DRIVE, ENSTONE, CHIPPING NORTON, OX7 4NQ - £279,000

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 THE DRIVE is a very small extended semi-detached house of 63m², built sometime between 1900 and 1929, which could now be worth an estimated £443,616. It was last sold for £279,000 in June 2012, which was around 11% above the average June 2012 semi-detached price in the West Oxfordshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was E.

8 THE DRIVE Sold Prices

Land registry data shows two sales for 8 THE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Oxfordshire local authority area for the corresponding sale date. One of the two 8 THE DRIVE sales was for above the average price, whilst the other was 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
2012 22 JUN	£279,000	£252,137	11% above HPI
2011 3 JUN	£170,000	£237,554	28% below HPI

8 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Oxfordshire local authority area over time, sourced from the HPI. The two 8 THE DRIVE sales from June 2011 and June 2012 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 June 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2012 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 THE DRIVE be worth now?

8 THE DRIVE might now be worth an estimated £443,616.

This is based on house price inflation of 59%, between June 2012 and December 2024, for semi-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 59% inflationary increase is applied to the most recent sale price for 8 THE DRIVE of £279,000 on 22nd June 2012. For the value to have increased from £279,000 to £443,616 over the eleven years and six months to December 2024, the following assumptions must hold true:

• The value of 8 THE DRIVE has moved in line with the HPI for semi-detached houses in the West Oxfordshire local authority area.
• The June 2012 sale price of £279,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE DRIVE has not materially changed since June 2012.

How Large is 8 THE DRIVE?

8 THE DRIVE is 63m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of semi-detached houses houses in Enstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Enstone, and where 8 THE DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 8 THE DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Enstone.

8 THE DRIVE: Plot and Title Map

8 THE DRIVE sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 8 THE 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 THE 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 THE DRIVE?

8 THE DRIVE is located in ENSTONE, in the OX7 postcode district. The below map shows the position of No. 8 on THE DRIVE.