PADDOCK FARM COTTAGE, PADDOCK FARM LANE, BODICOTE, BANBURY, OX15 4BT - £360,000

PADDOCK FARM COTTAGE is a very small extended detached house of 69m², built sometime before 1900. It was last sold for £360,000 in June 2022, which was around 33% below the average June 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was B.

PADDOCK FARM COTTAGE Sold Prices

Land registry data shows four sales for PADDOCK FARM COTTAGE 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. All of the four PADDOCK FARM COTTAGE 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
2022 23 JUN	£360,000	£534,451	33% below HPI
2005 24 JUN	£230,000	£302,799	24% below HPI
2003 29 AUG	£215,000	£285,540	25% below HPI
1998 1 DEC	£98,500	£145,413	32% below HPI

PADDOCK FARM COTTAGE 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 PADDOCK FARM COTTAGE sales between December 1998 and June 2022 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 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is PADDOCK FARM COTTAGE?

PADDOCK FARM COTTAGE is 69m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses by size in Bodicote, and where PADDOCK FARM COTTAGE lies on this distribution: 1% of detached houses are smaller than PADDOCK FARM COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

PADDOCK FARM COTTAGE: Plot and Title Map

PADDOCK FARM COTTAGE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of PADDOCK FARM COTTAGE, 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 PADDOCK FARM COTTAGE). 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 PADDOCK FARM COTTAGE?

PADDOCK FARM COTTAGE is located on PADDOCK FARM LANE in BODICOTE, in the OX15 postcode district. The below map shows the position of PADDOCK FARM COTTAGE on PADDOCK FARM LANE.