HIGHLEA, SPRINGFIELD ROAD, WANTAGE, OX12 8EX - £485,000

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

HIGHLEA is a large extended detached house of 153m², built sometime between 1950 and 1966, which could now be worth an estimated £688,477. It was last sold for £485,000 in July 2014, which was around 7% above the average July 2014 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

HIGHLEA Sold Prices

Land registry data shows two sales for HIGHLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Vale of White Horse local authority area for the corresponding sale date. Both of the two HIGHLEA 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
2014 17 JUL	£485,000	£452,312	7% above HPI
2003 23 APR	£340,000	£301,754	13% above HPI

HIGHLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of White Horse local authority area over time, sourced from the HPI. The two HIGHLEA sales from April 2003 and July 2014 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 April 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2014 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might HIGHLEA be worth now?

HIGHLEA might now be worth an estimated £688,477.

This is based on house price inflation of 42%, between July 2014 and December 2024, for detached houses, in the Vale of White Horse local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42% inflationary increase is applied to the most recent sale price for HIGHLEA of £485,000 on 17th July 2014. For the value to have increased from £485,000 to £688,477 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of HIGHLEA has moved in line with the HPI for detached houses in the Vale of White Horse local authority area.
• The July 2014 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHLEA has not materially changed since July 2014.

How Large is HIGHLEA?

HIGHLEA is 153m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses houses in Wantage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wantage, and where HIGHLEA lies on this distribution: 74% of detached houses houses are smaller than HIGHLEA, and 25% of houses are larger. Note that EPC data is not available for all properties in Wantage.

HIGHLEA: Plot and Title Map

HIGHLEA sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of HIGHLEA, 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 HIGHLEA). 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 HIGHLEA?

HIGHLEA is located on SPRINGFIELD ROAD in WANTAGE, in the OX12 postcode district. The below map shows the position of HIGHLEA on SPRINGFIELD ROAD.