14, ROMAN WAY, THAME, OX9 2FP - £492,500

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.

14 ROMAN WAY is a very small detached house of 88m², which could now be worth an estimated £550,339. It was last sold for £492,500 in November 2020, which was around 30% below the average November 2020 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

14 ROMAN WAY Sold Prices

Land registry data shows three sales for 14 ROMAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the three 14 ROMAN WAY 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
2020 20 NOV	£492,500	£706,226	30% below HPI
2018 5 FEB	£505,000	£630,930	20% below HPI
2016 30 SEP	£467,500	£621,307	25% below HPI

14 ROMAN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three 14 ROMAN WAY sales between September 2016 and November 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 February 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 14 ROMAN WAY be worth now?

14 ROMAN WAY might now be worth an estimated £550,339.

This is based on house price inflation of 11.7%, between November 2020 and February 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.7% inflationary increase is applied to the most recent sale price for 14 ROMAN WAY of £492,500 on 20th November 2020. For the value to have increased from £492,500 to £550,339 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 ROMAN WAY has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The November 2020 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 14 ROMAN WAY has not materially changed since November 2020.

How Large is 14 ROMAN WAY?

14 ROMAN WAY is 88m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses houses in Thame, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thame, and where 14 ROMAN WAY lies on this distribution: 15% of detached houses houses are smaller than 14 ROMAN WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Thame.

14 ROMAN WAY: Plot and Title Map

14 ROMAN WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 14 ROMAN WAY, 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 14 ROMAN WAY). 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 14 ROMAN WAY?

14 ROMAN WAY is located in THAME, in the OX9 postcode district. The below map shows the position of No. 14 on ROMAN WAY.