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
3 RECTORY CLOSE is a midsized extended detached house of 162m², built sometime between 1967 and 1975. It was last sold for £455,000 in November 2015, which was around 1% above the average November 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 RECTORY CLOSE since 1st 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 3 RECTORY 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 |
---|---|---|---|
2015 12 NOV | £455,000 | £452,208 | 1% above HPI |
2007 14 DEC | £422,500 | £359,317 | 18% above HPI |
1999 16 DEC | £174,000 | £166,609 | 4% above HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 3 RECTORY CLOSE sales between December 1999 and November 2015 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 December 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.
3 RECTORY CLOSE is 162m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Wendlebury, based on EPC data. The below chart shows the distribution of detached houses by size in Wendlebury, and where 3 RECTORY CLOSE lies on this distribution: 55% of detached houses are smaller than 3 RECTORY CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Wendlebury.
3 RECTORY CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 3 RECTORY 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 3 RECTORY 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.
3 RECTORY CLOSE is located in WENDLEBURY, in the OX25 postcode district. The below map shows the position of No. 3 on RECTORY CLOSE.