2, PETRE PLACE, KIDLINGTON, OX5 2EN - £650,000

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 PETRE PLACE is a large extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £650,000 in July 2016, which was around 37% above the average July 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

2 PETRE PLACE Sold Prices

Land registry data shows three sales for 2 PETRE 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 PETRE PLACE sales were for above the average price, whilst one was 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
2016 6 JUL	£650,000	£475,073	37% above HPI
2010 19 AUG	£430,000	£347,888	24% above HPI
2007 17 AUG	£349,995	£355,536	2% below HPI

2 PETRE 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 PETRE PLACE sales between August 2007 and July 2016 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 2010 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2016 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 2 PETRE PLACE?

2 PETRE PLACE is 133m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 30% of detached houses in Kidlington, based on EPC data. The below chart shows the distribution of detached houses by size in Kidlington, and where 2 PETRE PLACE lies on this distribution: 72% of detached houses are smaller than 2 PETRE PLACE, and 27% of houses are larger. Note that EPC data is not available for all properties in Kidlington.

2 PETRE PLACE: Plot and Title Map

2 PETRE PLACE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 2 PETRE 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 PETRE 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 PETRE PLACE?

2 PETRE PLACE is located in KIDLINGTON, in the OX5 postcode district. The below map shows the position of No. 2 on PETRE PLACE.