15, THE GLADES, LAUNTON, BICESTER, OX26 5ED - £223,000

15 THE GLADES is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £223,000 in November 2010, which was around 36% below the average November 2010 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

15 THE GLADES Sold Prices

Land registry data shows three sales for 15 THE GLADES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 15 THE GLADES 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
2010 19 NOV	£223,000	£345,896	36% below HPI
2002 12 JUN	£154,000	£230,554	33% below HPI
1997 24 JUL	£84,000	£118,420	29% below HPI

15 THE GLADES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 15 THE GLADES sales between July 1997 and November 2010 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 June 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2010 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 15 THE GLADES?

15 THE GLADES is 86m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses in Launton, based on EPC data. The below chart shows the distribution of detached houses by size in Launton, and where 15 THE GLADES lies on this distribution: 18% of detached houses are smaller than 15 THE GLADES, and 82% of houses are larger. Note that EPC data is not available for all properties in Launton.

15 THE GLADES: Plot and Title Map

15 THE GLADES sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 15 THE GLADES, 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 15 THE GLADES). 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 15 THE GLADES?

15 THE GLADES is located in LAUNTON, in the OX26 postcode district. The below map shows the position of No. 15 on THE GLADES.