15, CHESTNUT CLOSE, LAUNTON, BICESTER, OX26 5DE - £450,000

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

15 CHESTNUT CLOSE is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £450,000 in September 2018, which was around 9% below the average September 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

15 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 15 CHESTNUT 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. Both of the two 15 CHESTNUT 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
2018 28 SEP	£450,000	£493,534	9% below HPI
2011 26 JUL	£320,000	£342,931	7% below HPI

15 CHESTNUT 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 CHESTNUT CLOSE sales from July 2011 and September 2018 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 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 15 CHESTNUT CLOSE?

15 CHESTNUT CLOSE is 114m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Launton, based on EPC data. The below chart shows the distribution of detached houses by size in Launton, and where 15 CHESTNUT CLOSE lies on this distribution: 42% of detached houses are smaller than 15 CHESTNUT CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Launton.

15 CHESTNUT CLOSE: Plot and Title Map

15 CHESTNUT CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 15 CHESTNUT 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 CHESTNUT 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 CHESTNUT CLOSE?

15 CHESTNUT CLOSE is located in LAUNTON, in the OX26 postcode district. The below map shows the position of No. 15 on CHESTNUT CLOSE.