5, SPINAGE CLOSE, FARINGDON, SN7 7BW - £240,000

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.

5 SPINAGE CLOSE is a very small terraced house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £279,049. It was last sold for £240,000 in November 2021, which was around 13% below the average November 2021 terraced price in the Vale of White Horse local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

5 SPINAGE CLOSE Sold Prices

Land registry data shows three sales for 5 SPINAGE 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 Vale of White Horse local authority area for the corresponding sale date. One of the three 5 SPINAGE CLOSE sales was for below the average price, whilst two 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
2021 19 NOV	£240,000	£275,823	13% below HPI
2000 21 DEC	£102,000	£100,937	1% above HPI
1996 29 FEB	£59,995	£54,697	10% above HPI

5 SPINAGE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Vale of White Horse local authority area over time, sourced from the HPI. The three 5 SPINAGE CLOSE sales between February 1996 and November 2021 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 December 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 SPINAGE CLOSE be worth now?

5 SPINAGE CLOSE might now be worth an estimated £279,049.

This is based on house price inflation of 16.3%, between November 2021 and May 2026, for terraced houses, in the Vale of White Horse local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.3% inflationary increase is applied to the most recent sale price for 5 SPINAGE CLOSE of £240,000 on 19th November 2021. For the value to have increased from £240,000 to £279,049 over the five years and six months to May 2026, the following assumptions must hold true:

• The value of 5 SPINAGE CLOSE has moved in line with the HPI for terraced houses in the Vale of White Horse local authority area.
• The November 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPINAGE CLOSE has not materially changed since November 2021.

How Large is 5 SPINAGE CLOSE?

5 SPINAGE CLOSE is 69m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of terraced houses houses in Faringdon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Faringdon, and where 5 SPINAGE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 5 SPINAGE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Faringdon.

5 SPINAGE CLOSE: Plot and Title Map

5 SPINAGE CLOSE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 5 SPINAGE 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 5 SPINAGE 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 5 SPINAGE CLOSE?

5 SPINAGE CLOSE is located in FARINGDON, in the SN7 postcode district. The below map shows the position of No. 5 on SPINAGE CLOSE.