12, SHERWOOD CLOSE, LAUNTON, BICESTER, OX26 5DR - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 SHERWOOD CLOSE is a very small extended detached house of 81m², built sometime between 2003 and 2006. It was last sold for £425,000 in October 2022, which was around 26% below the average October 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

12 SHERWOOD CLOSE Sold Prices

Land registry data shows three sales for 12 SHERWOOD CLOSE 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 12 SHERWOOD CLOSE 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
2022 21 OCT	£425,000	£575,876	26% below HPI
2015 19 JUN	£305,000	£434,557	30% below HPI
2005 12 MAY	£215,000	£298,919	28% below HPI

12 SHERWOOD CLOSE 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 12 SHERWOOD CLOSE sales between May 2005 and October 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 June 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 12 SHERWOOD CLOSE?

12 SHERWOOD CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses in Launton, based on EPC data. The below chart shows the distribution of detached houses by size in Launton, and where 12 SHERWOOD CLOSE lies on this distribution: 12% of detached houses are smaller than 12 SHERWOOD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Launton.

12 SHERWOOD CLOSE: Plot and Title Map

12 SHERWOOD CLOSE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 12 SHERWOOD CLOSE, 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 12 SHERWOOD CLOSE). 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 12 SHERWOOD CLOSE?

12 SHERWOOD CLOSE is located in LAUNTON, in the OX26 postcode district. The below map shows the position of No. 12 on SHERWOOD CLOSE.