12, Drake Lane
12, Drake Lane
Description & Estimates
Public records show 12, Drake Lane, Witney to be a modern leasehold apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
12, Drake Lane, Witney has an estimated sale value of £85,898 and an estimated rental value of £490 per month, assuming reasonable condition and based on the information available.
Drake Lane, Witney, OX28 lies in the borough of West Oxfordshire, within the OX28 postal district.
Our Data Sources
12, Drake Lane, Witney has a single entry in the Land Registry from July 2015 and a single entry in the EPC database dated January 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 12, Drake Lane, Witney would be worth £90,193, with a potential rental value of £515 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £79,885, with a rental value of £456 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 12, Drake Lane, Witney has fallen by £2,769 (3.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £8 (1.6%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
12, Drake Lane, Witney has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jan 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
12, Drake Lane, Witney last changed hands on 31st July 2015, selling for £92,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 0.4% since July 2015.
- Sold Jul 2015£92,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 730 metres of 12, Drake Lane, Witney across the last 2 years.
Most recently, 16, Drake Lane, Witney, OX28 1BN, a leasehold flat, sold at £90,000 on the 8th July 2024.
Read more about house prices in OX28.
- Sold Jul 2024£90,000 | 2 Bed Flat16, Drake Lane, Witney, OX28 1BN16, Drake Lane, Witney, OX28 1BN
- Sold May 2024£88,000 | 2 Bed FlatFlat 9, 56, Madley Brook Lane, Witney, OX28 1FTFlat 9, 56, Madley Brook Lane, Witney, OX28 1FT
- Sold Dec 2023£80,000 | 2 Bed FlatFlat 4, 56, Madley Brook Lane, Witney, OX28 1FTFlat 4, 56, Madley Brook Lane, Witney, OX28 1FT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 12, Drake Lane, Witney as the 14th largest and the 14th most expensive of the 14 addresses on Drake Lane, Witney, OX28.
Against the OX28 postcode district average, it is £265k less expensive than the typical property.
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Schools Nearby
- 200mMadley Brook Community Primary School
- 1.1kmThe Blake Church of England Primary School
- 1.6kmWitney Community Primary School
- 400mWood Green School
- 1.9kmThe Henry Box School
- 5.9kmBartholomew School
More reading links
Public Transport Nearby
Combe (Oxon) station is the nearest stop to 12, Drake Lane, Witney at 6.8 kilometres away.
- 6.8kmCombe (Oxon)
- 6.9kmFinstock
- 7.4kmHanborough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
