3, MILL CLOSE, CHADLINGTON, CHIPPING NORTON, OX7 3PA - £465,000

3 MILL CLOSE is a very small extended detached house of 69m², built sometime between 1976 and 1982. It was last sold for £465,000 in January 2014, which was around 16% above the average January 2014 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

3 MILL CLOSE Sold Prices

Land registry data shows two sales for 3 MILL 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 West Oxfordshire local authority area for the corresponding sale date. One of the two 3 MILL CLOSE sales was for above the average price, whilst the other was 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
2014 6 JAN	£465,000	£401,310	16% above HPI
1997 14 FEB	£115,000	£124,711	8% below HPI

3 MILL 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 two 3 MILL CLOSE sales from February 1997 and January 2014 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 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2014 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 3 MILL CLOSE?

3 MILL CLOSE is 69m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Chadlington, based on EPC data. The below chart shows the distribution of detached houses by size in Chadlington, and where 3 MILL CLOSE lies on this distribution: 2% of detached houses are smaller than 3 MILL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chadlington.

3 MILL CLOSE: Plot and Title Map

3 MILL CLOSE sits on a plot of roughly 0.297 of an acre, or 1,201m². The below map shows the location of 3 MILL 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 3 MILL 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 3 MILL CLOSE?

3 MILL CLOSE is located in CHADLINGTON, in the OX7 postcode district. The below map shows the position of No. 3 on MILL CLOSE.