THE NEW HOUSE, DENCHWORTH ROAD, WANTAGE, OX12 9AX - £432,500

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

THE NEW HOUSE is a small detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £446,226. It was last sold for £432,500 in November 2022, which was around 31% below the average November 2022 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

THE NEW HOUSE Sold Prices

Land registry data shows three sales for THE NEW HOUSE 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 THE NEW HOUSE 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
2022 16 NOV	£432,500	£622,325	31% below HPI
2008 12 DEC	£75,000	£360,821	79% below HPI
2004 5 NOV	£245,000	£330,476	26% below HPI

THE NEW HOUSE 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 THE NEW HOUSE sales between November 2004 and November 2022 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 December 2008 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the November 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might THE NEW HOUSE be worth now?

THE NEW HOUSE might now be worth an estimated £446,226.

This is based on house price inflation of 3.2%, between November 2022 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 3.2% inflationary increase is applied to the most recent sale price for THE NEW HOUSE of £432,500 on 16th November 2022. For the value to have increased from £432,500 to £446,226 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of THE NEW HOUSE has moved in line with the HPI for detached houses in the Vale of White Horse local authority area.
• The November 2022 sale price of £432,500 represented a fair market value for the property.
• The size, condition, and specification of THE NEW HOUSE has not materially changed since November 2022.

How Large is THE NEW HOUSE?

THE NEW HOUSE is 111m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% 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 THE NEW HOUSE lies on this distribution: 32% of detached houses houses are smaller than THE NEW HOUSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Wantage.

THE NEW HOUSE: Plot and Title Map

THE NEW HOUSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of THE NEW HOUSE, 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 THE NEW HOUSE). 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 THE NEW HOUSE?

THE NEW HOUSE is located on DENCHWORTH ROAD in WANTAGE, in the OX12 postcode district. The below map shows the position of THE NEW HOUSE on DENCHWORTH ROAD.