8, TEAL CLOSE, GROVE, WANTAGE, OX12 0QF - £215,000

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.

8 TEAL CLOSE is a very small terraced house of 61m², built sometime between 1976 and 1982, which could now be worth an estimated £265,748. It was last sold for £215,000 in June 2018, which was around 17% below the average June 2018 terraced price in the Vale of White Horse local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was A.

8 TEAL CLOSE Sold Prices

Land registry data shows two sales for 8 TEAL 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 Vale of White Horse local authority area for the corresponding sale date. Both of the two 8 TEAL 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
2018 29 JUN	£215,000	£259,458	17% below HPI
2014 28 MAR	£178,500	£211,145	15% below HPI

8 TEAL 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 two 8 TEAL CLOSE sales from March 2014 and June 2018 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 March 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 TEAL CLOSE be worth now?

8 TEAL CLOSE might now be worth an estimated £265,748.

This is based on house price inflation of 23.6%, between June 2018 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 23.6% inflationary increase is applied to the most recent sale price for 8 TEAL CLOSE of £215,000 on 29th June 2018. For the value to have increased from £215,000 to £265,748 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 8 TEAL CLOSE has moved in line with the HPI for terraced houses in the Vale of White Horse local authority area.
• The June 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TEAL CLOSE has not materially changed since June 2018.

How Large is 8 TEAL CLOSE?

8 TEAL CLOSE is 61m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of terraced houses houses in Grove, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grove, and where 8 TEAL CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 8 TEAL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Grove.

8 TEAL CLOSE: Plot and Title Map

8 TEAL CLOSE sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 8 TEAL 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 8 TEAL 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 8 TEAL CLOSE?

8 TEAL CLOSE is located in GROVE, in the OX12 postcode district. The below map shows the position of No. 8 on TEAL CLOSE.