1, OAK FARM DRIVE, MILCOMBE, BANBURY, OX15 4GA - £695,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 OAK FARM DRIVE is a large detached house of 187m². It was last sold for £695,000 in July 2022, which was around 27% above the average July 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

1 OAK FARM DRIVE Sold Prices

Land registry data shows two sales for 1 OAK FARM DRIVE 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 1 OAK FARM DRIVE 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
2022 1 JUL	£695,000	£546,204	27% above HPI
2014 29 MAY	£488,000	£389,154	25% above HPI

1 OAK FARM DRIVE 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 1 OAK FARM DRIVE sales from May 2014 and July 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 May 2014 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 1 OAK FARM DRIVE?

1 OAK FARM DRIVE is 187m² according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Milcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Milcombe, and where 1 OAK FARM DRIVE lies on this distribution: 76% of detached houses are smaller than 1 OAK FARM DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Milcombe.

1 OAK FARM DRIVE: Plot and Title Map

1 OAK FARM DRIVE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 1 OAK FARM DRIVE, 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 OAK FARM DRIVE). 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 OAK FARM DRIVE?

1 OAK FARM DRIVE is located in MILCOMBE, in the OX15 postcode district. The below map shows the position of No. 1 on OAK FARM DRIVE.