22, SPRINGFIELD PARK, WITNEY, OX28 6EF - £277,000

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.

22 SPRINGFIELD PARK is a small extended terraced house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £334,303. It was last sold for £277,000 in December 2019, which was about the average December 2019 terraced price in the West Oxfordshire 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.

22 SPRINGFIELD PARK Sold Prices

Land registry data shows six sales for 22 SPRINGFIELD PARK since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the West Oxfordshire local authority area for the corresponding sale date. The six 22 SPRINGFIELD PARK sales were a mix of roughly equal to the average price, above the average price, and 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
2019 20 DEC	£277,000	£277,339	Close to HPI
2015 29 MAY	£247,000	£247,316	Close to HPI
2010 23 SEP	£200,000	£207,196	3% below HPI
2002 13 MAY	£126,000	£129,697	3% below HPI
2000 28 JAN	£94,500	£100,846	6% below HPI
1997 27 MAR	£67,950	£64,967	5% above HPI

22 SPRINGFIELD PARK 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 six 22 SPRINGFIELD PARK sales between March 1997 and December 2019 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 2015 sale roughly matched the HPI. So the extrapolation line tracks in line HPI over time, until the December 2019 sale, which was also at roughly the same level as the HPI.

What might 22 SPRINGFIELD PARK be worth now?

22 SPRINGFIELD PARK might now be worth an estimated £334,303.

This is based on house price inflation of 20.7%, between December 2019 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 20.7% inflationary increase is applied to the most recent sale price for 22 SPRINGFIELD PARK of £277,000 on 20th December 2019. For the value to have increased from £277,000 to £334,303 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 22 SPRINGFIELD PARK has moved in line with the HPI for terraced houses in the West Oxfordshire local authority area.
• The December 2019 sale price of £277,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SPRINGFIELD PARK has not materially changed since December 2019.

How Large is 22 SPRINGFIELD PARK?

22 SPRINGFIELD PARK is 92m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% 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 22 SPRINGFIELD PARK lies on this distribution: 23% of terraced houses houses are smaller than 22 SPRINGFIELD PARK, and 76% of houses are larger. Note that EPC data is not available for all properties in Witney.

22 SPRINGFIELD PARK: Plot and Title Map

22 SPRINGFIELD PARK sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 22 SPRINGFIELD PARK, 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 22 SPRINGFIELD PARK). 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 22 SPRINGFIELD PARK?

22 SPRINGFIELD PARK is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 22 on SPRINGFIELD PARK.