1, AUSTINS WAY, HOOK NORTON, BANBURY, OX15 5LQ - £465,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 AUSTINS WAY is a very large extended detached house of 167m², built sometime between 1967 and 1975, which could now be worth an estimated £555,110. It was last sold for £465,000 in December 2020, which was around 5% below the average December 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

1 AUSTINS WAY Sold Prices

Land registry data shows four sales for 1 AUSTINS WAY 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 1 AUSTINS WAY 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
2020 4 DEC	£465,000	£489,817	5% below HPI
2011 2 SEP	£240,000	£346,255	31% below HPI
1999 21 MAY	£117,500	£145,611	19% below HPI
1995 11 AUG	£69,000	£98,773	30% below HPI

1 AUSTINS WAY 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 1 AUSTINS WAY sales between August 1995 and December 2020 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 September 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 AUSTINS WAY be worth now?

1 AUSTINS WAY might now be worth an estimated £555,110.

This is based on house price inflation of 19.4%, between December 2020 and December 2024, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for 1 AUSTINS WAY of £465,000 on 4th December 2020. For the value to have increased from £465,000 to £555,110 over the four years to December 2024, the following assumptions must hold true:

• The value of 1 AUSTINS WAY has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The December 2020 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 1 AUSTINS WAY has not materially changed since December 2020.

How Large is 1 AUSTINS WAY?

1 AUSTINS WAY is 167m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hook Norton, and where 1 AUSTINS WAY lies on this distribution: 80% of detached houses houses are smaller than 1 AUSTINS WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

1 AUSTINS WAY: Plot and Title Map

1 AUSTINS WAY sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 1 AUSTINS WAY, 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 1 AUSTINS WAY). 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 1 AUSTINS WAY?

1 AUSTINS WAY is located in HOOK NORTON, in the OX15 postcode district. The below map shows the position of No. 1 on AUSTINS WAY.