17, THE SHEARINGS, HOOK NORTON, BANBURY, OX15 5PT - £428,000

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

17 THE SHEARINGS is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £428,000 in July 2023, which was around 23% below the average July 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

17 THE SHEARINGS Sold Prices

Land registry data shows four sales for 17 THE SHEARINGS 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 17 THE SHEARINGS 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
2023 18 JUL	£428,000	£556,617	23% below HPI
2016 16 JUN	£310,000	£470,621	34% below HPI
1998 27 APR	£120,000	£134,258	11% below HPI
1996 31 MAY	£85,500	£99,578	14% below HPI

17 THE SHEARINGS 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 17 THE SHEARINGS sales between May 1996 and July 2023 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 17 THE SHEARINGS?

17 THE SHEARINGS is 83m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Hook Norton, and where 17 THE SHEARINGS lies on this distribution: 10% of detached houses are smaller than 17 THE SHEARINGS, and 89% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

17 THE SHEARINGS: Plot and Title Map

17 THE SHEARINGS sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 17 THE SHEARINGS, 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 17 THE SHEARINGS). 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 17 THE SHEARINGS?

17 THE SHEARINGS is located in HOOK NORTON, in the OX15 postcode district. The below map shows the position of No. 17 on THE SHEARINGS.