28, CHESTNUT ROAD, MOLLINGTON, BANBURY, OX17 1BG - £297,000

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

28 CHESTNUT ROAD is a large extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £297,000 in December 2014, which was around 28% below the average December 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was C.

28 CHESTNUT ROAD Sold Prices

Land registry data shows three sales for 28 CHESTNUT ROAD 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. All of the three 28 CHESTNUT 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
2014 12 DEC	£297,000	£411,229	28% below HPI
2007 5 OCT	£290,000	£363,516	20% below HPI
1996 16 SEP	£84,000	£108,424	23% below HPI

28 CHESTNUT 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 three 28 CHESTNUT ROAD sales between September 1996 and December 2014 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 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 28 CHESTNUT ROAD?

28 CHESTNUT ROAD is 122m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Mollington, based on EPC data. The below chart shows the distribution of detached houses by size in Mollington, and where 28 CHESTNUT ROAD lies on this distribution: 64% of detached houses are smaller than 28 CHESTNUT ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Mollington.

28 CHESTNUT ROAD: Plot and Title Map

28 CHESTNUT ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 28 CHESTNUT 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 28 CHESTNUT 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 28 CHESTNUT ROAD?

28 CHESTNUT ROAD is located in MOLLINGTON, in the OX17 postcode district. The below map shows the position of No. 28 on CHESTNUT ROAD.