8, WOODBANK, WITNEY, OX28 1FU - £595,000

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 WOODBANK is a very large detached house of 196m², which could now be worth an estimated £696,584. It was last sold for £595,000 in March 2020, which was around 7% above the average March 2020 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was B.

8 WOODBANK Sold Prices

Land registry data shows two sales for 8 WOODBANK 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 WOODBANK sales were for above 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
2020 23 MAR	£595,000	£553,946	7% above HPI
2017 5 SEP	£600,000	£561,019	7% above HPI

8 WOODBANK 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 WOODBANK sales from September 2017 and March 2020 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 September 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2020 sale, which was also at 7% above the HPI.

What might 8 WOODBANK be worth now?

8 WOODBANK might now be worth an estimated £696,584.

This is based on house price inflation of 17.1%, between March 2020 and December 2024, 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 17.1% inflationary increase is applied to the most recent sale price for 8 WOODBANK of £595,000 on 23rd March 2020. For the value to have increased from £595,000 to £696,584 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 8 WOODBANK has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The March 2020 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WOODBANK has not materially changed since March 2020.

How Large is 8 WOODBANK?

8 WOODBANK is 196m² according to the EPC inspection conducted in November 2016. This puts it in the largest 10% 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 WOODBANK lies on this distribution: 95% of detached houses houses are smaller than 8 WOODBANK, and 5% of houses are larger. Note that EPC data is not available for all properties in Witney.

8 WOODBANK: Plot and Title Map

8 WOODBANK sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 8 WOODBANK, 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 WOODBANK). 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 WOODBANK?

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