2, HERMITAGE ROAD, ABINGDON, OX14 5RN - £400,000

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.

2 HERMITAGE ROAD is a small detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £564,519. It was last sold for £400,000 in May 2015, which was around 15% below the average May 2015 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

2 HERMITAGE ROAD Sold Prices

Land registry data shows two sales for 2 HERMITAGE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Vale of White Horse local authority area for the corresponding sale date. Both of the two 2 HERMITAGE ROAD 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
2015 19 MAY	£400,000	£468,825	15% below HPI
2012 29 MAR	£305,000	£387,298	21% below HPI

2 HERMITAGE ROAD 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 two 2 HERMITAGE ROAD sales from March 2012 and May 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 March 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 HERMITAGE ROAD be worth now?

2 HERMITAGE ROAD might now be worth an estimated £564,519.

This is based on house price inflation of 41.1%, between May 2015 and May 2026, 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 41.1% inflationary increase is applied to the most recent sale price for 2 HERMITAGE ROAD of £400,000 on 19th May 2015. For the value to have increased from £400,000 to £564,519 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 2 HERMITAGE ROAD has moved in line with the HPI for detached houses in the Vale of White Horse local authority area.
• The May 2015 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HERMITAGE ROAD has not materially changed since May 2015.

How Large is 2 HERMITAGE ROAD?

2 HERMITAGE ROAD is 95m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses houses in Abingdon-on-Thames, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abingdon-on-Thames, and where 2 HERMITAGE ROAD lies on this distribution: 25% of detached houses houses are smaller than 2 HERMITAGE ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Abingdon-on-Thames.

2 HERMITAGE ROAD: Plot and Title Map

2 HERMITAGE ROAD sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 2 HERMITAGE ROAD, 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 2 HERMITAGE ROAD). 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 2 HERMITAGE ROAD?

2 HERMITAGE ROAD is located in ABINGDON, in the OX14 postcode district. The below map shows the position of No. 2 on HERMITAGE ROAD.