REDLANDS, SPRINGFIELD ROAD, WANTAGE, OX12 8EX - £538,000

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

REDLANDS is a large extended detached house of 149m², built sometime between 1976 and 1982. It was last sold for £538,000 in June 2024, which was around 15% below the average June 2024 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

REDLANDS Sold Prices

Land registry data shows three sales for REDLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Vale of White Horse local authority area for the corresponding sale date. All of the three REDLANDS 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
2024 4 JUN	£538,000	£632,225	15% below HPI
2022 22 SEP	£316,000	£630,783	50% below HPI
2013 30 AUG	£225,000	£423,087	47% below HPI

REDLANDS 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 three REDLANDS sales between August 2013 and June 2024 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 September 2022 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is REDLANDS?

REDLANDS is 149m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 30% of detached houses in Wantage, based on EPC data. The below chart shows the distribution of detached houses by size in Wantage, and where REDLANDS lies on this distribution: 71% of detached houses are smaller than REDLANDS, and 29% of houses are larger. Note that EPC data is not available for all properties in Wantage.

REDLANDS: Plot and Title Map

REDLANDS sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of REDLANDS, 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 REDLANDS). 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 REDLANDS?

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