1, THE LAURELS, FRINGFORD, BICESTER, OX27 8EW - £555,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE LAURELS is a small semi-detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £639,477. It was last sold for £555,000 in June 2021, which was around 84% above the average June 2021 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

1 THE LAURELS Sold Prices

Land registry data shows four sales for 1 THE LAURELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. All of the four 1 THE LAURELS 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
2021 10 JUN	£555,000	£302,174	84% above HPI
2019 4 JAN	£525,000	£282,813	86% above HPI
2013 9 AUG	£372,500	£216,184	72% above HPI
2002 16 JUL	£283,000	£135,453	109% above HPI

1 THE LAURELS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The four 1 THE LAURELS sales between July 2002 and June 2021 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 January 2019 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the June 2021 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.

What might 1 THE LAURELS be worth now?

1 THE LAURELS might now be worth an estimated £639,477.

This is based on house price inflation of 15.2%, between June 2021 and February 2025, for semi-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 15.2% inflationary increase is applied to the most recent sale price for 1 THE LAURELS of £555,000 on 10th June 2021. For the value to have increased from £555,000 to £639,477 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 1 THE LAURELS has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The June 2021 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE LAURELS has not materially changed since June 2021.

How Large is 1 THE LAURELS?

1 THE LAURELS is 122m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% of semi-detached houses houses in Fringford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fringford, and where 1 THE LAURELS lies on this distribution: 40% of semi-detached houses houses are smaller than 1 THE LAURELS, and 60% of houses are larger. Note that EPC data is not available for all properties in Fringford.

1 THE LAURELS: Plot and Title Map

1 THE LAURELS sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 1 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

1 THE LAURELS is located in FRINGFORD, in the OX27 postcode district. The below map shows the position of No. 1 on THE LAURELS.