8, OAKMEAD, WITNEY, OX28 1EF - £245,500

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.

8 OAKMEAD is a midsized detached house of 109m², built sometime between 2003 and 2006, which could now be worth an estimated £429,245. It was last sold for £245,500 in January 2007, which was around 35% below the average January 2007 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

8 OAKMEAD Sold Prices

Land registry data shows two sales for 8 OAKMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. Both of the two 8 OAKMEAD 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
2007 26 JAN	£245,500	£376,053	35% below HPI
2003 25 APR	£219,995	£317,842	31% below HPI

8 OAKMEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Oxfordshire local authority area over time, sourced from the HPI. The two 8 OAKMEAD sales from April 2003 and January 2007 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 April 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2007 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 8 OAKMEAD be worth now?

8 OAKMEAD might now be worth an estimated £429,245.

This is based on house price inflation of 74.8%, between January 2007 and May 2026, for 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 74.8% inflationary increase is applied to the most recent sale price for 8 OAKMEAD of £245,500 on 26th January 2007. For the value to have increased from £245,500 to £429,245 over the eighteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 8 OAKMEAD has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The January 2007 sale price of £245,500 represented a fair market value for the property.
• The size, condition, and specification of 8 OAKMEAD has not materially changed since January 2007.

How Large is 8 OAKMEAD?

8 OAKMEAD is 109m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses houses in Witney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witney, and where 8 OAKMEAD lies on this distribution: 42% of detached houses houses are smaller than 8 OAKMEAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Witney.

8 OAKMEAD: Plot and Title Map

8 OAKMEAD sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 8 OAKMEAD, 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 8 OAKMEAD). 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 8 OAKMEAD?

8 OAKMEAD is located in WITNEY, in the OX28 postcode district. The below map shows the position of No. 8 on OAKMEAD.