3, AKEMAN SPINNEY, HEYFORD ROAD, KIRTLINGTON, KIDLINGTON, OX5 3FS - £1,190,000

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.

3 AKEMAN SPINNEY is a very large detached house of 263m², which could now be worth an estimated £1,431,945. It was last sold for £1,190,000 in June 2020, which was around 152% above the average June 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2020, where the current energy rating was B, and the potential energy rating was B.

3 AKEMAN SPINNEY Sold Prices

Land registry data shows two sales for 3 AKEMAN SPINNEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 3 AKEMAN SPINNEY 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
2020 8 JUN	£1,190,000	£472,902	152% above HPI
2018 22 AUG	£1,306,000	£484,155	170% above HPI

3 AKEMAN SPINNEY 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 two 3 AKEMAN SPINNEY sales from August 2018 and June 2020 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 2018 sale was for 170% above the HPI. So the extrapolation line tracks at 170% above the HPI over time, until the June 2020 sale, where it falls to 152% above the HPI. The line then continues to track at 152% above the HPI.

What might 3 AKEMAN SPINNEY be worth now?

3 AKEMAN SPINNEY might now be worth an estimated £1,431,945.

This is based on house price inflation of 20.3%, between June 2020 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 20.3% inflationary increase is applied to the most recent sale price for 3 AKEMAN SPINNEY of £1,190,000 on 8th June 2020. For the value to have increased from £1,190,000 to £1,431,945 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 3 AKEMAN SPINNEY has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The June 2020 sale price of £1,190,000 represented a fair market value for the property.
• The size, condition, and specification of 3 AKEMAN SPINNEY has not materially changed since June 2020.

How Large is 3 AKEMAN SPINNEY?

3 AKEMAN SPINNEY is 263m² according to the EPC inspection conducted in March 2020. This puts it in the largest 10% of detached houses houses in Kirtlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirtlington, and where 3 AKEMAN SPINNEY lies on this distribution: 93% of detached houses houses are smaller than 3 AKEMAN SPINNEY, and 7% of houses are larger. Note that EPC data is not available for all properties in Kirtlington.

3 AKEMAN SPINNEY: Plot and Title Map

3 AKEMAN SPINNEY sits on a plot of roughly 0.744 of an acre, or 3,012m². The below map shows the location of 3 AKEMAN SPINNEY, 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 3 AKEMAN SPINNEY). 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 3 AKEMAN SPINNEY?

3 AKEMAN SPINNEY is located on HEYFORD ROAD in KIRTLINGTON, in the OX5 postcode district. The below map shows the position of 3 AKEMAN SPINNEY on HEYFORD ROAD.