44, CHESTNUT CLOSE, WITNEY, OX28 1PD - £245,000

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.

44 CHESTNUT CLOSE is a very small semi-detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £404,108. It was last sold for £245,000 in December 2011, which was around 2% below the average December 2011 semi-detached price in the West Oxfordshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

44 CHESTNUT CLOSE Sold Prices

Land registry data shows four sales for 44 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the West Oxfordshire local authority area for the corresponding sale date. Most of the four 44 CHESTNUT CLOSE 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
2011 15 DEC	£245,000	£249,384	2% below HPI
2009 15 JUL	£185,000	£228,028	19% below HPI
2000 25 MAY	£135,000	£131,043	3% above HPI
1999 22 OCT	£115,000	£118,607	3% below HPI

44 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Oxfordshire local authority area over time, sourced from the HPI. The four 44 CHESTNUT CLOSE sales between October 1999 and December 2011 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 July 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2011 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 44 CHESTNUT CLOSE be worth now?

44 CHESTNUT CLOSE might now be worth an estimated £404,108.

This is based on house price inflation of 64.9%, between December 2011 and May 2026, for semi-detached 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 64.9% inflationary increase is applied to the most recent sale price for 44 CHESTNUT CLOSE of £245,000 on 15th December 2011. For the value to have increased from £245,000 to £404,108 over the fifteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 44 CHESTNUT CLOSE has moved in line with the HPI for semi-detached houses in the West Oxfordshire local authority area.
• The December 2011 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 44 CHESTNUT CLOSE has not materially changed since December 2011.

How Large is 44 CHESTNUT CLOSE?

44 CHESTNUT CLOSE is 88m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of semi-detached houses houses in Witney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Witney, and where 44 CHESTNUT CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 44 CHESTNUT CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Witney.

44 CHESTNUT CLOSE: Plot and Title Map

44 CHESTNUT CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 44 CHESTNUT 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 44 CHESTNUT 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 44 CHESTNUT CLOSE?

44 CHESTNUT CLOSE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 44 on CHESTNUT CLOSE.