6, CHESTNUT CLOSE, WITNEY, OX28 1PD - £212,500

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.

6 CHESTNUT CLOSE is a very small semi-detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £354,700. It was last sold for £212,500 in August 2011, which was around 14% below the average August 2011 semi-detached price in the West Oxfordshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

6 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 6 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Oxfordshire local authority area for the corresponding sale date. Both of the two 6 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 19 AUG	£212,500	£246,432	14% below HPI
1996 16 AUG	£68,000	£78,517	13% below HPI

6 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 two 6 CHESTNUT CLOSE sales from August 1996 and August 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 August 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2011 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 6 CHESTNUT CLOSE be worth now?

6 CHESTNUT CLOSE might now be worth an estimated £354,700.

This is based on house price inflation of 66.9%, between August 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 66.9% inflationary increase is applied to the most recent sale price for 6 CHESTNUT CLOSE of £212,500 on 19th August 2011. For the value to have increased from £212,500 to £354,700 over the fifteen years and three months to May 2026, the following assumptions must hold true:

• The value of 6 CHESTNUT CLOSE has moved in line with the HPI for semi-detached houses in the West Oxfordshire local authority area.
• The August 2011 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 6 CHESTNUT CLOSE has not materially changed since August 2011.

How Large is 6 CHESTNUT CLOSE?

6 CHESTNUT CLOSE is 71m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% 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 6 CHESTNUT CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 6 CHESTNUT CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Witney.

6 CHESTNUT CLOSE: Plot and Title Map

6 CHESTNUT CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 6 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 6 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 6 CHESTNUT CLOSE?

6 CHESTNUT CLOSE is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 6 on CHESTNUT CLOSE.