GREYSTONES, BURFORD ROAD, MINSTER LOVELL, WITNEY, OX29 0RD - £458,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GREYSTONES is a small detached house of 107m², built sometime between 1950 and 1966. It was last sold for £458,000 in March 2021, which was around 9% below the average March 2021 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was F, and the potential energy rating was D.

GREYSTONES Sold Prices

Land registry data shows three sales for GREYSTONES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the three GREYSTONES 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
2021 26 MAR	£458,000	£504,967	9% below HPI
2011 30 NOV	£312,500	£385,361	19% below HPI
2007 31 MAY	£250,000	£369,471	32% below HPI

GREYSTONES 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 three GREYSTONES sales between May 2007 and March 2021 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 November 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is GREYSTONES?

GREYSTONES is 107m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of detached houses in Witney, based on EPC data. The below chart shows the distribution of detached houses by size in Witney, and where GREYSTONES lies on this distribution: 40% of detached houses are smaller than GREYSTONES, and 60% of houses are larger. Note that EPC data is not available for all properties in Witney.

GREYSTONES: Plot and Title Map

GREYSTONES sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of GREYSTONES, 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 GREYSTONES). 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 GREYSTONES?

GREYSTONES is located on BURFORD ROAD in MINSTER LOVELL, in the OX29 postcode district. The below map shows the position of GREYSTONES on BURFORD ROAD.