15, CHESTNUT ROAD, MOLLINGTON, BANBURY, OX17 1BG - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 CHESTNUT ROAD is a midsized extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £350,000 in February 2022, which was around 35% below the average February 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was D.

15 CHESTNUT ROAD Sold Prices

Land registry data shows four sales for 15 CHESTNUT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 15 CHESTNUT ROAD 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 25 FEB	£350,000	£534,710	35% below HPI
2016 3 JUN	£285,000	£470,621	39% below HPI
2007 24 MAY	£229,000	£335,088	32% below HPI
2002 20 DEC	£185,000	£267,134	31% below HPI

15 CHESTNUT ROAD 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 four 15 CHESTNUT ROAD sales between December 2002 and February 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 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 15 CHESTNUT ROAD?

15 CHESTNUT ROAD is 107m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses in Mollington, based on EPC data. The below chart shows the distribution of detached houses by size in Mollington, and where 15 CHESTNUT ROAD lies on this distribution: 45% of detached houses are smaller than 15 CHESTNUT ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Mollington.

15 CHESTNUT ROAD: Plot and Title Map

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

15 CHESTNUT ROAD is located in MOLLINGTON, in the OX17 postcode district. The below map shows the position of No. 15 on CHESTNUT ROAD.