3, THE HOMESTEAD, KIDLINGTON, OX5 1SS - £304,000

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

3 THE HOMESTEAD is a small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £304,000 in September 2014, which was around 26% below the average September 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

3 THE HOMESTEAD Sold Prices

Land registry data shows four sales for 3 THE HOMESTEAD 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 3 THE HOMESTEAD 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 26 SEP	£304,000	£412,499	26% below HPI
2011 4 AUG	£247,000	£354,848	30% below HPI
2003 29 DEC	£210,000	£276,794	24% below HPI
2002 18 OCT	£200,000	£253,601	21% below HPI

3 THE HOMESTEAD 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 3 THE HOMESTEAD sales between October 2002 and September 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 August 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 THE HOMESTEAD?

3 THE HOMESTEAD is 84m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% of detached houses in Kidlington, based on EPC data. The below chart shows the distribution of detached houses by size in Kidlington, and where 3 THE HOMESTEAD lies on this distribution: 24% of detached houses are smaller than 3 THE HOMESTEAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Kidlington.

3 THE HOMESTEAD: Plot and Title Map

3 THE HOMESTEAD sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 3 THE HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

3 THE HOMESTEAD is located in KIDLINGTON, in the OX5 postcode district. The below map shows the position of No. 3 on THE HOMESTEAD.