MERILLE, PARSONAGE CLOSE, CHARLTON, WANTAGE, OX12 7HP - £625,000

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

MERILLE is a very large extended detached house of 174m², built sometime from 2012 onwards, which could now be worth an estimated £731,590. It was last sold for £625,000 in August 2020, which was around 14% above the average August 2020 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

MERILLE Sold Prices

Land registry data shows two sales for MERILLE 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 MERILLE 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 25 AUG	£625,000	£548,527	14% above HPI
2013 18 MAR	£525,000	£401,239	31% above HPI

MERILLE 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 MERILLE sales from March 2013 and August 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 March 2013 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might MERILLE be worth now?

MERILLE might now be worth an estimated £731,590.

This is based on house price inflation of 17.1%, between August 2020 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 17.1% inflationary increase is applied to the most recent sale price for MERILLE of £625,000 on 25th August 2020. For the value to have increased from £625,000 to £731,590 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of MERILLE has moved in line with the HPI for detached houses in the Vale of White Horse local authority area.
• The August 2020 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of MERILLE has not materially changed since August 2020.

How Large is MERILLE?

MERILLE is 174m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% 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 MERILLE lies on this distribution: 87% of detached houses houses are smaller than MERILLE, and 13% of houses are larger. Note that EPC data is not available for all properties in Wantage.

MERILLE: Plot and Title Map

MERILLE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of MERILLE, 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 MERILLE). 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 MERILLE?

MERILLE is located on PARSONAGE CLOSE in CHARLTON, in the OX12 postcode district. The below map shows the position of MERILLE on PARSONAGE CLOSE.