Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG

Detached
5
0.9%
PROPERTY VALUATION
£
Last sold: September 2023
INVESTMENT PERFORMANCE
Investment return: 6.4% per year throughout 2001 - 2023
PRICE CHANGE
£22,000
Percentage change: -0.9%
REFINE VALUATION

Property summary Last updated: 03/05/2024

Last updated: 03/05/2024

Lower Farm, The Farmhouse is a 5 bedroom detached house - it is ranked as the most expensive property* in OX29 9PG, with a valuation of £2,428,000.

Since it last sold in September 2023 for £2,450,000, its value has decreased by £22,000.

Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Witney (1 of 16 - keep reading for more)
  • The latest sale in OX29 9PG went for £900k on 20 Oct 2023.
  • The average current property value here is £717,000.
  • 6 properties have sold in OX29 9PG over the last 5 years.
  • 9 detached houses have sold at an average price of £560,000 in OX29 9 over the last 12 months.
  • Detached houses have been selling for £430 per square foot across OX29 9.
Recent sales
Searching for recent sales near here

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £848k.
  • Using the average CPSF for the whole road - it would be worth £825k.

This assumes that the property has an internal floor area of 1,871 square feet.

For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.

The local market - Witney Lane, OX29 9PG

  • The average property value here is £717,000.
    • Valuations range from £95,000 to £2,428,000.
  • Witney Lane has 4 postcodes associated with it.
    • The average price of property in Witney Lane is £681,793.
    • Property in Witney Lane typically sells for between £375 and £507 per square foot.
    • Properties in Witney Lane are currently valued at an average cost per square foot of £441.
0.9%
This property has fallen in price by -0.9% since it last sold 7 months ago.
239%
This property is 239% more expensive than average in Witney Lane, OX29 9PG.

Sale history

The most paid for a property in Witney Lane, OX29 9PG was £2,450,000 in 2023.

Date Price Change
Today's value* £2,428,000 0.9%
21 Sep 2023 £2,450,000 292.0%
16 Aug 2001 £625,000 56.3%
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG

Valuation details

The most likely sale price is £2,428,000 but at the lower end we think it should fetch a minimum of £2,343,000.

Since this property last sold 8 months ago, it has decreased in price by 0.9%.

Essential info

  • 5 bedroom freehold detached house

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £2,792,000.

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £2.34M and £2.51M.

  • The property turned out to be a really good investment for the previous owner - returning on average 6.4% per annum.

Investment Performance
Annual change: 6.4%

The previous owner had the property for 22 years, having purchased it in August 2001 for £625,000.

During this time, the price rose by £1,825,000 (292%), which equates to it increasing in value by 6.4% each year.

The property turned out to be a really good investment for the previous owner.

PropertyValuation
Malt House, Witney Lane
£431,000
Cornbury Cottage, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG Cornbury Cottage, Witney Lane
3 bed | 1550 sq. ft.
£461,000
The Cottage, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG The Cottage, Witney Lane
3 bed | 1270 sq. ft.
£576,000
Witney Cottage, Witney Lane
1356 sq.ft.
£641,000
The Old Reading Room, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG The Old Reading Room, Witney Lane
3 bed | 1464 sq. ft.
£659,000
The Leazings, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG The Leazings, Witney Lane
3 bed | 1344 sq. ft.
£717,000
Sperrings, Witney Lane
1690 sq.ft.
£893,000
The Pot House, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG The Pot House, Witney Lane
5 bed | 2799 sq. ft.
£1,030,000
Oaks Cottage, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG Oaks Cottage, Witney Lane
4 bed | 2034 sq. ft.
£1,095,000
Lower Farm, The Farmhouse, Witney Lane, Leafield, Witney, West Oxfordshire, Oxfordshire, OX29 9PG Lower Farm, The Farmhouse
5 bed
£2,428,000
OFFERS EXPECTED TO BE IN THE REGION OF:
£2.34M - £2.51M

Most likely sale price: £2.43M

Tell us about the condition of the property to get a more accurate valuation.

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for.

** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.