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.
If we valued this property using the average cost per square foot (CPSF):
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 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% |
23 Apr 1999 | £400,000 | - |
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%.
If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £2,792,000.
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.
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.
Property | Valuation | ||
---|---|---|---|
Malt House, Witney Lane
|
£431,000 | ||
Cornbury Cottage, Witney Lane
3 bed | 1550 sq. ft. |
£461,000 | ||
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
3 bed | 1464 sq. ft. |
£659,000 | ||
The Leazings, Witney Lane
3 bed | 1344 sq. ft. |
£717,000 | ||
Sperrings, Witney Lane
1690 sq.ft. |
£893,000 | ||
The Pot House, Witney Lane
5 bed | 2799 sq. ft. |
£1,030,000 | ||
Oaks Cottage, Witney Lane
4 bed | 2034 sq. ft. |
£1,095,000 | ||
Lower Farm, The Farmhouse
5 bed |
£2,428,000 |
Most likely sale price: £2.43M
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:
We use multiple data sources to provide reliable property information to you.
Some of the data sources we use are:
* 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.