MONKSFIELD, KINGHAM ROAD, CHURCHILL, CHIPPING NORTON, OX7 6NE - £315,000

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.

MONKSFIELD is a very small extended detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £497,674. It was last sold for £315,000 in September 2013, which was around 26% below the average September 2013 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

MONKSFIELD Sold Prices

Land registry data shows two sales for MONKSFIELD 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 MONKSFIELD 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
2013 2 SEP	£315,000	£423,247	26% below HPI
2007 2 NOV	£315,000	£404,503	22% below HPI

MONKSFIELD 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 MONKSFIELD sales from November 2007 and September 2013 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 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might MONKSFIELD be worth now?

MONKSFIELD might now be worth an estimated £497,674.

This is based on house price inflation of 58%, between September 2013 and March 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 58% inflationary increase is applied to the most recent sale price for MONKSFIELD of £315,000 on 2nd September 2013. For the value to have increased from £315,000 to £497,674 over the twelve years and six months to March 2025, the following assumptions must hold true:

• The value of MONKSFIELD has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The September 2013 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of MONKSFIELD has not materially changed since September 2013.

How Large is MONKSFIELD?

MONKSFIELD is 91m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses houses in Churchill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Churchill, and where MONKSFIELD lies on this distribution: 8% of detached houses houses are smaller than MONKSFIELD, and 92% of houses are larger. Note that EPC data is not available for all properties in Churchill.

MONKSFIELD: Plot and Title Map

MONKSFIELD sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of MONKSFIELD, 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 MONKSFIELD). 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 MONKSFIELD?

MONKSFIELD is located on KINGHAM ROAD in CHURCHILL, in the OX7 postcode district. The below map shows the position of MONKSFIELD on KINGHAM ROAD.