2, MONKS CLOSE, CARTERTON, OX18 1ER - £475,000

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 MONKS CLOSE is a large detached house of 143m², built sometime between 2003 and 2006, which could now be worth an estimated £566,449. It was last sold for £475,000 in August 2021, which was around 14% below the average August 2021 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

2 MONKS CLOSE Sold Prices

Land registry data shows three sales for 2 MONKS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the three 2 MONKS 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
2021 26 AUG	£475,000	£551,361	14% below HPI
2019 30 SEP	£425,000	£558,531	24% below HPI
2005 5 APR	£270,000	£341,470	21% below HPI

2 MONKS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Oxfordshire local authority area over time, sourced from the HPI. The three 2 MONKS CLOSE sales between April 2005 and August 2021 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 September 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 MONKS CLOSE be worth now?

2 MONKS CLOSE might now be worth an estimated £566,449.

This is based on house price inflation of 19.3%, between August 2021 and May 2026, for detached 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 19.3% inflationary increase is applied to the most recent sale price for 2 MONKS CLOSE of £475,000 on 26th August 2021. For the value to have increased from £475,000 to £566,449 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 2 MONKS CLOSE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The August 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MONKS CLOSE has not materially changed since August 2021.

How Large is 2 MONKS CLOSE?

2 MONKS CLOSE is 143m² according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses houses in Carterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carterton, and where 2 MONKS CLOSE lies on this distribution: 73% of detached houses houses are smaller than 2 MONKS CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Carterton.

2 MONKS CLOSE: Plot and Title Map

2 MONKS CLOSE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 2 MONKS 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 2 MONKS 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 2 MONKS CLOSE?

2 MONKS CLOSE is located in CARTERTON, in the OX18 postcode district. The below map shows the position of No. 2 on MONKS CLOSE.