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

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 PETRE PLACE is a large extended detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £790,057. It was last sold for £650,000 in July 2016, which was around 39% 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. The three 2 PETRE PLACE sales were a mix of above the average price, and roughly equal to 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	£468,172	39% above HPI
2010 19 AUG	£430,000	£342,834	25% above HPI
2007 17 AUG	£349,995	£350,371	Close to 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2016 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 PETRE PLACE be worth now?

2 PETRE PLACE might now be worth an estimated £790,057.

This is based on house price inflation of 21.5%, between July 2016 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 21.5% inflationary increase is applied to the most recent sale price for 2 PETRE PLACE of £650,000 on 6th July 2016. For the value to have increased from £650,000 to £790,057 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 2 PETRE PLACE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The July 2016 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PETRE PLACE has not materially changed since July 2016.

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 houses in Kidlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kidlington, and where 2 PETRE PLACE lies on this distribution: 72% of detached houses 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.