15, MARRIOTT CLOSE, OXFORD, OX2 8NT - £225,000

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.

15 MARRIOTT CLOSE is a very small terraced house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £352,511. It was last sold for £225,000 in August 2012, which was around 24% below the average August 2012 terraced price in the Oxford local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was A.

15 MARRIOTT CLOSE Sold Prices

Land registry data shows three sales for 15 MARRIOTT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Oxford local authority area for the corresponding sale date. Two of the three 15 MARRIOTT CLOSE sales were for below the average price, whilst one was 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
2012 31 AUG	£225,000	£295,759	24% below HPI
2005 16 DEC	£185,000	£221,948	17% below HPI
2002 24 MAY	£166,000	£157,420	5% above HPI

15 MARRIOTT CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Oxford local authority area over time, sourced from the HPI. The three 15 MARRIOTT CLOSE sales between May 2002 and August 2012 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 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2012 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 15 MARRIOTT CLOSE be worth now?

15 MARRIOTT CLOSE might now be worth an estimated £352,511.

This is based on house price inflation of 56.7%, between August 2012 and May 2026, for terraced houses, in the Oxford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.7% inflationary increase is applied to the most recent sale price for 15 MARRIOTT CLOSE of £225,000 on 31st August 2012. For the value to have increased from £225,000 to £352,511 over the fourteen years and three months to May 2026, the following assumptions must hold true:

• The value of 15 MARRIOTT CLOSE has moved in line with the HPI for terraced houses in the Oxford local authority area.
• The August 2012 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MARRIOTT CLOSE has not materially changed since August 2012.

How Large is 15 MARRIOTT CLOSE?

15 MARRIOTT CLOSE is 56m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of terraced houses houses in Oxford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oxford, and where 15 MARRIOTT CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 15 MARRIOTT CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Oxford.

15 MARRIOTT CLOSE: Plot and Title Map

15 MARRIOTT CLOSE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 15 MARRIOTT CLOSE, 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 15 MARRIOTT CLOSE). 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 15 MARRIOTT CLOSE?

15 MARRIOTT CLOSE is located in OXFORD, in the OX2 postcode district. The below map shows the position of No. 15 on MARRIOTT CLOSE.