18, HAZEL CLOSE, WITNEY, OX28 1EL - £245,000

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.

18 HAZEL CLOSE is a very small terraced house of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £309,322. It was last sold for £245,000 in December 2015, which was around 8% below the average December 2015 terraced price in the West Oxfordshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

18 HAZEL CLOSE Sold Prices

Land registry data shows three sales for 18 HAZEL 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 West Oxfordshire local authority area for the corresponding sale date. Two of the three 18 HAZEL 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
2015 10 DEC	£245,000	£265,110	8% below HPI
2011 5 MAY	£189,000	£198,791	5% below HPI
2001 14 DEC	£139,995	£124,627	12% above HPI

18 HAZEL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Oxfordshire local authority area over time, sourced from the HPI. The three 18 HAZEL CLOSE sales between December 2001 and December 2015 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 May 2011 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 18 HAZEL CLOSE be worth now?

18 HAZEL CLOSE might now be worth an estimated £309,322.

This is based on house price inflation of 26.3%, between December 2015 and May 2026, for terraced 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 26.3% inflationary increase is applied to the most recent sale price for 18 HAZEL CLOSE of £245,000 on 10th December 2015. For the value to have increased from £245,000 to £309,322 over the eleven years and seven months to May 2026, the following assumptions must hold true:

• The value of 18 HAZEL CLOSE has moved in line with the HPI for terraced houses in the West Oxfordshire local authority area.
• The December 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HAZEL CLOSE has not materially changed since December 2015.

How Large is 18 HAZEL CLOSE?

18 HAZEL CLOSE is 67m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of terraced houses houses in Witney, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Witney, and where 18 HAZEL CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 18 HAZEL CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Witney.

18 HAZEL CLOSE: Plot and Title Map

18 HAZEL CLOSE sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 18 HAZEL 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 18 HAZEL 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 18 HAZEL CLOSE?

18 HAZEL CLOSE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 18 on HAZEL CLOSE.