12, THE RING, CHACOMBE, BANBURY, OX17 2JE - £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.

12 THE RING is a very large extended detached house of 190m², built sometime between 1900 and 1929, which could now be worth an estimated £662,039. It was last sold for £555,000 in April 2020, which was around 40% above the average April 2020 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was G, and the potential energy rating was D.

12 THE RING Sold Prices

Land registry data shows two sales for 12 THE RING since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Both of the two 12 THE RING 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
2020 3 APR	£555,000	£397,667	40% above HPI
2015 30 APR	£425,000	£318,608	33% above HPI

12 THE RING Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The two 12 THE RING sales from April 2015 and April 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 April 2015 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2020 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 12 THE RING be worth now?

12 THE RING might now be worth an estimated £662,039.

This is based on house price inflation of 19.3%, between April 2020 and February 2025, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.3% inflationary increase is applied to the most recent sale price for 12 THE RING of £555,000 on 3rd April 2020. For the value to have increased from £555,000 to £662,039 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 12 THE RING has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The April 2020 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE RING has not materially changed since April 2020.

How Large is 12 THE RING?

12 THE RING is 190m², which includes three extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses houses in Chacombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chacombe, and where 12 THE RING lies on this distribution: 95% of detached houses houses are smaller than 12 THE RING, and 5% of houses are larger. Note that EPC data is not available for all properties in Chacombe.

12 THE RING: Plot and Title Map

12 THE RING sits on a plot of roughly 0.275 of an acre, or 1,113m². The below map shows the location of 12 THE RING, 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 THE RING). 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 THE RING?

12 THE RING is located in CHACOMBE, in the OX17 postcode district. The below map shows the position of No. 12 on THE RING.