2, KNAPP CLOSE, ABINGDON, OX14 1SL - £435,000

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 KNAPP CLOSE is a small detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £613,914. It was last sold for £435,000 in May 2015, which was around 7% below the average May 2015 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

2 KNAPP CLOSE Sold Prices

Land registry data shows two sales for 2 KNAPP CLOSE 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 KNAPP CLOSE 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	£435,000	£468,825	7% below HPI
2001 27 FEB	£205,000	£225,620	9% below HPI

2 KNAPP CLOSE 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 KNAPP CLOSE sales from February 2001 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 February 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2015 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 KNAPP CLOSE be worth now?

2 KNAPP CLOSE might now be worth an estimated £613,914.

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 KNAPP CLOSE of £435,000 on 19th May 2015. For the value to have increased from £435,000 to £613,914 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 2 KNAPP CLOSE 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 £435,000 represented a fair market value for the property.
• The size, condition, and specification of 2 KNAPP CLOSE has not materially changed since May 2015.

How Large is 2 KNAPP CLOSE?

2 KNAPP CLOSE is 93m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Abingdon-on-Thames, based on EPC data. The below chart shows the distribution of detached houses by size in Abingdon-on-Thames, and where 2 KNAPP CLOSE lies on this distribution: 22% of detached houses are smaller than 2 KNAPP CLOSE, and 77% of detached houses are larger. Note that EPC data is not available for all properties in Abingdon-on-Thames.

2 KNAPP CLOSE: Plot

2 KNAPP CLOSE sits on a plot of roughly 0.074 of an acre, or 300m².

Where is 2 KNAPP CLOSE?

2 KNAPP CLOSE is located in ABINGDON, in the OX14 postcode district.