24, RECTORY ROAD, HOOK NORTON, BANBURY, OX15 5QQ - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 RECTORY ROAD is a very small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £375,000 in June 2021, which was around 25% below the average June 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

24 RECTORY ROAD Sold Prices

Land registry data shows four sales for 24 RECTORY ROAD 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. All of the four 24 RECTORY ROAD 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
2021 24 JUN	£375,000	£501,795	25% below HPI
2011 31 OCT	£275,000	£346,464	21% below HPI
2004 12 FEB	£235,000	£280,484	16% below HPI
1999 25 NOV	£127,000	£167,836	24% below HPI

24 RECTORY ROAD 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 24 RECTORY ROAD sales between November 1999 and June 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 October 2011 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 24 RECTORY ROAD?

24 RECTORY ROAD is 95m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of detached houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Hook Norton, and where 24 RECTORY ROAD lies on this distribution: 19% of detached houses are smaller than 24 RECTORY ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

24 RECTORY ROAD: Plot and Title Map

24 RECTORY ROAD sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 24 RECTORY ROAD, 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 24 RECTORY ROAD). 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 24 RECTORY ROAD?

24 RECTORY ROAD is located in HOOK NORTON, in the OX15 postcode district. The below map shows the position of No. 24 on RECTORY ROAD.