2, SPRING MEADOW, WITNEY, OX28 5DJ - £345,000

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 SPRING MEADOW is a very small terraced house of 88m², built in 2014, which could now be worth an estimated £405,927. It was last sold for £345,000 in March 2021, which was around 21% above the average March 2021 terraced price in the West Oxfordshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

2 SPRING MEADOW Sold Prices

Land registry data shows two sales for 2 SPRING MEADOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Oxfordshire local authority area for the corresponding sale date. Both of the two 2 SPRING MEADOW sales were 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
2021 19 MAR	£345,000	£284,474	21% above HPI
2016 10 JUN	£340,000	£274,068	24% above HPI

2 SPRING MEADOW 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 two 2 SPRING MEADOW sales from June 2016 and March 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 June 2016 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2021 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 2 SPRING MEADOW be worth now?

2 SPRING MEADOW might now be worth an estimated £405,927.

This is based on house price inflation of 17.7%, between March 2021 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 17.7% inflationary increase is applied to the most recent sale price for 2 SPRING MEADOW of £345,000 on 19th March 2021. For the value to have increased from £345,000 to £405,927 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 SPRING MEADOW has moved in line with the HPI for terraced houses in the West Oxfordshire local authority area.
• The March 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRING MEADOW has not materially changed since March 2021.

How Large is 2 SPRING MEADOW?

2 SPRING MEADOW is 88m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% 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 2 SPRING MEADOW lies on this distribution: 15% of terraced houses houses are smaller than 2 SPRING MEADOW, and 82% of houses are larger. Note that EPC data is not available for all properties in Witney.

2 SPRING MEADOW: Plot and Title Map

2 SPRING MEADOW sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 2 SPRING MEADOW, 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 SPRING MEADOW). 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 SPRING MEADOW?

2 SPRING MEADOW is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 2 on SPRING MEADOW.