38, ORWELL DRIVE, DIDCOT, OX11 7RY - £232,000

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.

38 ORWELL DRIVE is a very small extended terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £262,831. It was last sold for £232,000 in June 2020, which was around 25% below the average June 2020 terraced price in the South Oxfordshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

38 ORWELL DRIVE Sold Prices

Land registry data shows four sales for 38 ORWELL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the South Oxfordshire local authority area for the corresponding sale date. All of the four 38 ORWELL DRIVE 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
2020 25 JUN	£232,000	£311,175	25% below HPI
2016 21 OCT	£248,000	£294,532	16% below HPI
2002 31 OCT	£137,000	£151,811	10% below HPI
2000 7 JUL	£95,500	£113,392	16% below HPI

38 ORWELL DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Oxfordshire local authority area over time, sourced from the HPI. The four 38 ORWELL DRIVE sales between July 2000 and June 2020 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 October 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 38 ORWELL DRIVE be worth now?

38 ORWELL DRIVE might now be worth an estimated £262,831.

This is based on house price inflation of 13.3%, between June 2020 and June 2025, for terraced houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for 38 ORWELL DRIVE of £232,000 on 25th June 2020. For the value to have increased from £232,000 to £262,831 over the five years to June 2025, the following assumptions must hold true:

• The value of 38 ORWELL DRIVE has moved in line with the HPI for terraced houses in the South Oxfordshire local authority area.
• The June 2020 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 38 ORWELL DRIVE has not materially changed since June 2020.

How Large is 38 ORWELL DRIVE?

38 ORWELL DRIVE is 54m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of terraced houses houses in Didcot, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Didcot, and where 38 ORWELL DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 38 ORWELL DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Didcot.

38 ORWELL DRIVE: Plot and Title Map

38 ORWELL DRIVE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 38 ORWELL DRIVE, 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 38 ORWELL DRIVE). 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 38 ORWELL DRIVE?

38 ORWELL DRIVE is located in DIDCOT, in the OX11 postcode district. The below map shows the position of No. 38 on ORWELL DRIVE.