18, THE SHEARINGS, HOOK NORTON, BANBURY, OX15 5PT - £296,400

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

18 THE SHEARINGS is a midsized detached house of 116m², built sometime between 1991 and 1995. It was last sold for £296,400 in September 2011, which was around 16% below the average September 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

18 THE SHEARINGS Sold Prices

Land registry data shows four sales for 18 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 18 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
2011 28 SEP	£296,400	£351,359	16% below HPI
2001 1 OCT	£160,000	£209,573	24% below HPI
1996 6 DEC	£91,000	£100,237	9% below HPI
1996 24 MAY	£87,500	£99,578	12% below HPI

18 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 18 THE SHEARINGS sales between May 1996 and September 2011 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 October 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2011 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 18 THE SHEARINGS?

18 THE SHEARINGS is 116m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% 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 18 THE SHEARINGS lies on this distribution: 42% of detached houses are smaller than 18 THE SHEARINGS, and 57% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

18 THE SHEARINGS: Plot and Title Map

18 THE SHEARINGS sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 18 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 18 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 18 THE SHEARINGS?

18 THE SHEARINGS is located in HOOK NORTON, in the OX15 postcode district. The below map shows the position of No. 18 on THE SHEARINGS.