3, THE CEDARS, GREATWORTH, BANBURY, OX17 2DY - £445,000

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

3 THE CEDARS is a large detached house of 165m², built sometime between 1983 and 1990. It was last sold for £445,000 in August 2017, which was around 18% above the average August 2017 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

3 THE CEDARS Sold Prices

Land registry data shows three sales for 3 THE CEDARS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the three 3 THE CEDARS 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
2017 23 AUG	£445,000	£376,533	18% above HPI
2009 16 DEC	£320,000	£260,090	23% above HPI
1998 13 FEB	£150,000	£106,332	41% above HPI

3 THE CEDARS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The three 3 THE CEDARS sales between February 1998 and August 2017 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 2009 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2017 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 3 THE CEDARS?

3 THE CEDARS is 165m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Greatworth, based on EPC data. The below chart shows the distribution of detached houses by size in Greatworth, and where 3 THE CEDARS lies on this distribution: 79% of detached houses are smaller than 3 THE CEDARS, and 21% of houses are larger. Note that EPC data is not available for all properties in Greatworth.

3 THE CEDARS: Plot and Title Map

3 THE CEDARS sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 3 THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

3 THE CEDARS is located in GREATWORTH, in the OX17 postcode district. The below map shows the position of No. 3 on THE CEDARS.