31, THE GLADES, LAUNTON, BICESTER, OX26 5ED - £430,000

31 THE GLADES is a midsized extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £430,000 in October 2019, which was around 7% below the average October 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

31 THE GLADES Sold Prices

Land registry data shows four sales for 31 THE GLADES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Most of the four 31 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
2019 4 OCT	£430,000	£461,470	7% below HPI
2007 2 FEB	£360,000	£333,013	8% above HPI
2002 15 JUL	£230,000	£238,731	4% below HPI
1999 20 MAY	£141,000	£147,757	5% below HPI

31 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 four 31 THE GLADES sales between May 1999 and October 2019 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 February 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 31 THE GLADES?

31 THE GLADES is 130m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in Launton, based on EPC data. The below chart shows the distribution of detached houses by size in Launton, and where 31 THE GLADES lies on this distribution: 58% of detached houses are smaller than 31 THE GLADES, and 42% of houses are larger. Note that EPC data is not available for all properties in Launton.

31 THE GLADES: Plot and Title Map

31 THE GLADES sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 31 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 31 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 31 THE GLADES?

31 THE GLADES is located in LAUNTON, in the OX26 postcode district. The below map shows the position of No. 31 on THE GLADES.