48, WESTCOTE CLOSE, WITNEY, OX28 5FF - £299,950

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.

48 WESTCOTE CLOSE is a midsized terraced house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £439,160. It was last sold for £299,950 in June 2014, which was around 31% above the average June 2014 terraced price in the West Oxfordshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

48 WESTCOTE CLOSE Sold Prices

Land registry data shows three sales for 48 WESTCOTE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Oxfordshire local authority area for the corresponding sale date. All of the three 48 WESTCOTE CLOSE sales were 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
2014 12 JUN	£299,950	£228,611	31% above HPI
2005 25 FEB	£241,000	£176,457	37% above HPI
2002 28 JUN	£204,450	£131,371	56% above HPI

48 WESTCOTE CLOSE 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 three 48 WESTCOTE CLOSE sales between June 2002 and June 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 2005 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 48 WESTCOTE CLOSE be worth now?

48 WESTCOTE CLOSE might now be worth an estimated £439,160.

This is based on house price inflation of 46.4%, between June 2014 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 46.4% inflationary increase is applied to the most recent sale price for 48 WESTCOTE CLOSE of £299,950 on 12th June 2014. For the value to have increased from £299,950 to £439,160 over the twelve years and one month to May 2026, the following assumptions must hold true:

• The value of 48 WESTCOTE CLOSE has moved in line with the HPI for terraced houses in the West Oxfordshire local authority area.
• The June 2014 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 48 WESTCOTE CLOSE has not materially changed since June 2014.

How Large is 48 WESTCOTE CLOSE?

48 WESTCOTE CLOSE is 109m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% 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 48 WESTCOTE CLOSE lies on this distribution: 42% of terraced houses houses are smaller than 48 WESTCOTE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Witney.

48 WESTCOTE CLOSE: Plot and Title Map

48 WESTCOTE CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 48 WESTCOTE 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 48 WESTCOTE 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 48 WESTCOTE CLOSE?

48 WESTCOTE CLOSE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 48 on WESTCOTE CLOSE.