THE FORDINGS, WATER LANE, FEWCOTT, BICESTER, OX27 7NX - £350,000

THE FORDINGS is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £350,000 in February 2015, which was around 16% below the average February 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

THE FORDINGS Sold Prices

Land registry data shows three sales for THE FORDINGS 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 THE FORDINGS 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
2015 27 FEB	£350,000	£415,402	16% below HPI
2012 12 JUL	£285,000	£344,544	17% below HPI
2004 5 OCT	£245,000	£307,792	20% below HPI

THE FORDINGS 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 THE FORDINGS sales between October 2004 and February 2015 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 July 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is THE FORDINGS?

THE FORDINGS is 113m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses in Fewcott, based on EPC data. The below chart shows the distribution of detached houses by size in Fewcott, and where THE FORDINGS lies on this distribution: 50% of detached houses are smaller than THE FORDINGS, and 48% of houses are larger. Note that EPC data is not available for all properties in Fewcott.

THE FORDINGS: Plot and Title Map

THE FORDINGS sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of THE FORDINGS, 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 THE FORDINGS). 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 THE FORDINGS?

THE FORDINGS is located on WATER LANE in FEWCOTT, in the OX27 postcode district. The below map shows the position of THE FORDINGS on WATER LANE.