15, CHERRY CLOSE, KIDLINGTON, OX5 1ET - £485,000

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.

15 CHERRY CLOSE is a large extended detached house of 137m², built sometime between 1983 and 1990, which could now be worth an estimated £575,048. It was last sold for £485,000 in March 2021, which was around 1% above the average March 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

15 CHERRY CLOSE Sold Prices

Land registry data shows two sales for 15 CHERRY CLOSE 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. One of the two 15 CHERRY CLOSE sales was for above the average price, whilst the other was 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
2021 11 MAR	£485,000	£479,941	1% above HPI
1999 16 JUL	£125,000	£152,521	18% below HPI

15 CHERRY 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 two 15 CHERRY CLOSE sales from July 1999 and March 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 July 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 15 CHERRY CLOSE be worth now?

15 CHERRY CLOSE might now be worth an estimated £575,048.

This is based on house price inflation of 18.6%, between March 2021 and February 2025, 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 18.6% inflationary increase is applied to the most recent sale price for 15 CHERRY CLOSE of £485,000 on 11th March 2021. For the value to have increased from £485,000 to £575,048 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 15 CHERRY CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The March 2021 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHERRY CLOSE has not materially changed since March 2021.

How Large is 15 CHERRY CLOSE?

15 CHERRY CLOSE is 137m², which includes three extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 30% of detached houses houses in Kidlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kidlington, and where 15 CHERRY CLOSE lies on this distribution: 76% of detached houses houses are smaller than 15 CHERRY CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Kidlington.

15 CHERRY CLOSE: Plot and Title Map

15 CHERRY CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 15 CHERRY 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 15 CHERRY 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 15 CHERRY CLOSE?

15 CHERRY CLOSE is located in KIDLINGTON, in the OX5 postcode district. The below map shows the position of No. 15 on CHERRY CLOSE.