28, SPRINGFIELD PARK, WITNEY, OX28 6EF - £189,000

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.

28 SPRINGFIELD PARK is a small terraced house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £291,725. It was last sold for £189,000 in November 2012, which was around 13% below the average November 2012 terraced price in the West Oxfordshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

28 SPRINGFIELD PARK Sold Prices

Land registry data shows two sales for 28 SPRINGFIELD PARK 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. One of the two 28 SPRINGFIELD PARK sales was for below the average price, whilst the other was 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
2012 30 NOV	£189,000	£216,850	13% below HPI
1997 5 SEP	£78,200	£74,157	5% above HPI

28 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 two 28 SPRINGFIELD PARK sales from September 1997 and November 2012 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 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2012 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 28 SPRINGFIELD PARK be worth now?

28 SPRINGFIELD PARK might now be worth an estimated £291,725.

This is based on house price inflation of 54.4%, between November 2012 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 54.4% inflationary increase is applied to the most recent sale price for 28 SPRINGFIELD PARK of £189,000 on 30th November 2012. For the value to have increased from £189,000 to £291,725 over the fourteen years and six months to May 2026, the following assumptions must hold true:

• The value of 28 SPRINGFIELD PARK has moved in line with the HPI for terraced houses in the West Oxfordshire local authority area.
• The November 2012 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 28 SPRINGFIELD PARK has not materially changed since November 2012.

How Large is 28 SPRINGFIELD PARK?

28 SPRINGFIELD PARK is 96m² according to the EPC inspection conducted in November 2014. 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 28 SPRINGFIELD PARK lies on this distribution: 28% of terraced houses houses are smaller than 28 SPRINGFIELD PARK, and 72% of houses are larger. Note that EPC data is not available for all properties in Witney.

28 SPRINGFIELD PARK: Plot and Title Map

28 SPRINGFIELD PARK sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 28 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 28 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 28 SPRINGFIELD PARK?

28 SPRINGFIELD PARK is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 28 on SPRINGFIELD PARK.