2, BLACKWOOD PLACE, BODICOTE, BANBURY, OX15 4BE - £450,000

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.

2 BLACKWOOD PLACE is a very large detached house of 160m², built sometime between 1950 and 1966, which could now be worth an estimated £509,667. It was last sold for £450,000 in October 2021, which was around 10% below the average October 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

2 BLACKWOOD PLACE Sold Prices

Land registry data shows three sales for 2 BLACKWOOD PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Two of the three 2 BLACKWOOD PLACE sales were for below the average price, whilst one was for above 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 5 OCT	£450,000	£502,431	10% below HPI
2019 24 JAN	£345,000	£469,077	26% below HPI
1996 30 APR	£127,200	£100,946	26% above HPI

2 BLACKWOOD PLACE 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 three 2 BLACKWOOD PLACE sales between April 1996 and October 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 January 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 BLACKWOOD PLACE be worth now?

2 BLACKWOOD PLACE might now be worth an estimated £509,667.

This is based on house price inflation of 13.3%, between October 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 13.3% inflationary increase is applied to the most recent sale price for 2 BLACKWOOD PLACE of £450,000 on 5th October 2021. For the value to have increased from £450,000 to £509,667 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 BLACKWOOD PLACE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The October 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BLACKWOOD PLACE has not materially changed since October 2021.

How Large is 2 BLACKWOOD PLACE?

2 BLACKWOOD PLACE is 160m² according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bodicote, and where 2 BLACKWOOD PLACE lies on this distribution: 84% of detached houses houses are smaller than 2 BLACKWOOD PLACE, and 15% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

2 BLACKWOOD PLACE: Plot and Title Map

2 BLACKWOOD PLACE sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of 2 BLACKWOOD PLACE, 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 2 BLACKWOOD PLACE). 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 2 BLACKWOOD PLACE?

2 BLACKWOOD PLACE is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 2 on BLACKWOOD PLACE.