THE NOOK, CHURCH LANE, SHUTFORD, BANBURY, OX15 6PG - £640,000

THE NOOK is a large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £640,000 in March 2023, which was around 12% above the average March 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two THE NOOK sales were for above 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
2023 30 MAR	£640,000	£571,855	12% above HPI
2008 16 MAY	£372,500	£353,064	6% above HPI

THE NOOK 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 two THE NOOK sales from May 2008 and March 2023 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 May 2008 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is THE NOOK?

THE NOOK is 145m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Shutford, based on EPC data. The below chart shows the distribution of detached houses by size in Shutford, and where THE NOOK lies on this distribution: 64% of detached houses are smaller than THE NOOK, and 34% of houses are larger. Note that EPC data is not available for all properties in Shutford.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of THE NOOK, 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 NOOK). 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 NOOK?

THE NOOK is located on CHURCH LANE in SHUTFORD, in the OX15 postcode district. The below map shows the position of THE NOOK on CHURCH LANE.