12, Mead Lane
12, Mead Lane
Description & Estimates
12, Mead Lane, Witney is recorded publicly as a modern leasehold apartment across 753 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 12, Mead Lane, Witney is £211,052 and its rental estimate is £1,049 per month, given the available information and assuming reasonable condition.
Mead Lane, Witney, OX28 falls within the OX28 postal district, in the borough of West Oxfordshire.
Our Data Sources
12, Mead Lane, Witney has 2 entries in the Land Registry , most recently in March 2011 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Mead Lane, Witney, we estimate a market value of £221,604 and a rental value of £1,102 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £196,278 and £976 per month respectively.
Recent Market Change
Over the last year, 12, Mead Lane, Witney has seen its estimated sale value decrease by £6,804 (3.2%) and its estimated rental value grow by £16 per month (1.6%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
12, Mead Lane, Witney has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 12, Mead Lane, Witney completed on 30th March 2011 at £177,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 28.2% over the period since March 2011.
- Sold Mar 2011£177,500
- Sold Dec 2008£148,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Mead Lane, Witney have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th August 2024, was 10, Mead Lane, Witney, OX28 1YD, a leasehold flat which sold for £205,000.
Read more about house prices in OX28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 17 addresses on Mead Lane, Witney, OX28, 12, Mead Lane, Witney comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £140k less expensive than the average property across the OX28 district.
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Schools Nearby
- 700mThe Batt Church of England Primary School
- 700mThe Blake Church of England Primary School
- 800mSt Mary's Church of England Infant School
- 700mWood Green School
- 1.0kmThe Henry Box School
- 6.8kmBartholomew School
More reading links
Public Transport Nearby
From 12, Mead Lane, Witney, the nearest station is Finstock, 7.1 kilometres away.
- 7.1kmFinstock
- 7.7kmCombe (Oxon)
- 8.3kmHanborough
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
