HIGH BANKS, GREEN LANE, NORTH LEIGH, WITNEY, OX29 6TW - £550,000

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

HIGH BANKS is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £550,000 in March 2021, which was around 9% above the average March 2021 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was C.

HIGH BANKS Sold Prices

Land registry data shows two sales for HIGH BANKS 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. One of the two HIGH BANKS 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
2021 29 MAR	£550,000	£504,967	9% above HPI
2018 7 JUN	£345,000	£513,195	33% below HPI

HIGH BANKS 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 HIGH BANKS sales from June 2018 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 June 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is HIGH BANKS?

HIGH BANKS is 80m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% of detached houses in North Leigh, based on EPC data. The below chart shows the distribution of detached houses by size in North Leigh, and where HIGH BANKS lies on this distribution: 13% of detached houses are smaller than HIGH BANKS, and 87% of houses are larger. Note that EPC data is not available for all properties in North Leigh.

HIGH BANKS: Plot and Title Map

HIGH BANKS sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of HIGH BANKS, 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 HIGH BANKS). 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 HIGH BANKS?

HIGH BANKS is located on GREEN LANE in NORTH LEIGH, in the OX29 postcode district. The below map shows the position of HIGH BANKS on GREEN LANE.