56, WEBBS CLOSE, WOLVERCOTE, OXFORD, OX2 8PX - £328,000

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.

56 WEBBS CLOSE is a very small terraced house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £386,660. It was last sold for £328,000 in April 2016, which was around 17% below the average April 2016 terraced price in the Oxford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

56 WEBBS CLOSE Sold Prices

Land registry data shows two sales for 56 WEBBS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Oxford local authority area for the corresponding sale date. Both of the two 56 WEBBS 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
2016 25 APR	£328,000	£395,008	17% below HPI
2001 14 FEB	£100,000	£139,619	28% below HPI

56 WEBBS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Oxford local authority area over time, sourced from the HPI. The two 56 WEBBS CLOSE sales from February 2001 and April 2016 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 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 56 WEBBS CLOSE be worth now?

56 WEBBS CLOSE might now be worth an estimated £386,660.

This is based on house price inflation of 17.9%, between April 2016 and April 2026, for terraced houses, in the Oxford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.9% inflationary increase is applied to the most recent sale price for 56 WEBBS CLOSE of £328,000 on 25th April 2016. For the value to have increased from £328,000 to £386,660 over the ten years to April 2026, the following assumptions must hold true:

• The value of 56 WEBBS CLOSE has moved in line with the HPI for terraced houses in the Oxford local authority area.
• The April 2016 sale price of £328,000 represented a fair market value for the property.
• The size, condition, and specification of 56 WEBBS CLOSE has not materially changed since April 2016.

How Large is 56 WEBBS CLOSE?

56 WEBBS CLOSE is 59m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of terraced houses houses in Wolvercote, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wolvercote, and where 56 WEBBS CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 56 WEBBS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wolvercote.

56 WEBBS CLOSE: Plot and Title Map

56 WEBBS CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 56 WEBBS 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 56 WEBBS 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 56 WEBBS CLOSE?

56 WEBBS CLOSE is located in WOLVERCOTE, in the OX2 postcode district. The below map shows the position of No. 56 on WEBBS CLOSE.