21, SHERWOOD CLOSE, LAUNTON, BICESTER, OX26 5DR - £350,000

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.

21 SHERWOOD CLOSE is a very small terraced house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £365,605. It was last sold for £350,000 in March 2022, which was around 30% above the average March 2022 terraced price in the Cherwell local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

21 SHERWOOD CLOSE Sold Prices

Land registry data shows four sales for 21 SHERWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the four 21 SHERWOOD CLOSE sales were 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
2022 14 MAR	£350,000	£268,390	30% above HPI
2018 27 FEB	£295,500	£240,927	23% above HPI
2013 23 JUL	£219,000	£183,076	20% above HPI
2004 22 DEC	£182,000	£151,284	20% above HPI

21 SHERWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cherwell local authority area over time, sourced from the HPI. The four 21 SHERWOOD CLOSE sales between December 2004 and March 2022 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 February 2018 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 21 SHERWOOD CLOSE be worth now?

21 SHERWOOD CLOSE might now be worth an estimated £365,605.

This is based on house price inflation of 4.5%, between March 2022 and July 2025, for terraced 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 4.5% inflationary increase is applied to the most recent sale price for 21 SHERWOOD CLOSE of £350,000 on 14th March 2022. For the value to have increased from £350,000 to £365,605 over the two years and eight months to July 2025, the following assumptions must hold true:

• The value of 21 SHERWOOD CLOSE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The March 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 21 SHERWOOD CLOSE has not materially changed since March 2022.

How Large is 21 SHERWOOD CLOSE?

21 SHERWOOD CLOSE is 79m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of terraced houses houses in Launton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Launton, and where 21 SHERWOOD CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 21 SHERWOOD CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Launton.

21 SHERWOOD CLOSE: Plot and Title Map

21 SHERWOOD CLOSE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 21 SHERWOOD CLOSE, 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 21 SHERWOOD CLOSE). 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 21 SHERWOOD CLOSE?

21 SHERWOOD CLOSE is located in LAUNTON, in the OX26 postcode district. The below map shows the position of No. 21 on SHERWOOD CLOSE.