HOME LEA, MOUNT SKIPPETT, RAMSDEN, CHIPPING NORTON, OX7 3AP - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HOME LEA is a very small extended detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £518,811. It was last sold for £345,000 in March 2014, which was around 21% below the average March 2014 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

HOME LEA Sold Prices

Land registry data shows two sales for HOME LEA 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 HOME LEA 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
2014 5 MAR	£345,000	£438,445	21% below HPI
2010 26 JAN	£310,000	£375,011	17% below HPI

HOME LEA 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 HOME LEA sales from January 2010 and March 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 January 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might HOME LEA be worth now?

HOME LEA might now be worth an estimated £518,811.

This is based on house price inflation of 50.4%, between March 2014 and February 2025, 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 50.4% inflationary increase is applied to the most recent sale price for HOME LEA of £345,000 on 5th March 2014. For the value to have increased from £345,000 to £518,811 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of HOME LEA has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The March 2014 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of HOME LEA has not materially changed since March 2014.

How Large is HOME LEA?

HOME LEA is 88m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses houses in Finstock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Finstock, and where HOME LEA lies on this distribution: 13% of detached houses houses are smaller than HOME LEA, and 87% of houses are larger. Note that EPC data is not available for all properties in Finstock.

HOME LEA: Plot and Title Map

HOME LEA sits on a plot of roughly 0.259 of an acre, or 1,047m². The below map shows the location of HOME LEA, 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 HOME LEA). 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 HOME LEA?

HOME LEA is located on MOUNT SKIPPETT in RAMSDEN, in the OX7 postcode district. The below map shows the position of HOME LEA on MOUNT SKIPPETT.