2, MIDDLE STREET, ISLIP, KIDLINGTON, OX5 2SF - £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

2 MIDDLE STREET is a very small extended detached house of 69m², built sometime before 1900. It was last sold for £350,000 in October 2023, which was around 36% below the average October 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was B.

2 MIDDLE STREET Sold Prices

Land registry data shows four sales for 2 MIDDLE STREET 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. Most of the four 2 MIDDLE STREET 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 OCT	£350,000	£549,922	36% below HPI
2018 7 AUG	£390,000	£491,292	21% below HPI
2015 30 OCT	£292,500	£448,047	35% below HPI
1997 6 JUN	£123,000	£112,689	9% above HPI

2 MIDDLE STREET 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 2 MIDDLE STREET sales between June 1997 and October 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 August 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 MIDDLE STREET?

2 MIDDLE STREET is 69m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Islip, based on EPC data. The below chart shows the distribution of detached houses by size in Islip, and where 2 MIDDLE STREET lies on this distribution: 4% of detached houses are smaller than 2 MIDDLE STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Islip.

2 MIDDLE STREET: Plot and Title Map

2 MIDDLE STREET sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 2 MIDDLE STREET, 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 MIDDLE STREET). 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 MIDDLE STREET?

2 MIDDLE STREET is located in ISLIP, in the OX5 postcode district. The below map shows the position of No. 2 on MIDDLE STREET.