4, HERITAGE CLOSE, HOOK NORTON, BANBURY, OX15 5FS - £450,000

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

4 HERITAGE CLOSE is a midsized detached house of 118m². It was last sold for £450,000 in October 2021, which was around 12% below the average October 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

4 HERITAGE CLOSE Sold Prices

Land registry data shows two sales for 4 HERITAGE CLOSE 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 4 HERITAGE CLOSE 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
2021 25 OCT	£450,000	£509,837	12% below HPI
2019 30 SEP	£425,000	£473,221	10% below HPI

4 HERITAGE CLOSE 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 4 HERITAGE CLOSE sales from September 2019 and October 2021 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 September 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 4 HERITAGE CLOSE?

4 HERITAGE CLOSE is 118m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Hook Norton, and where 4 HERITAGE CLOSE lies on this distribution: 44% of detached houses are smaller than 4 HERITAGE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

4 HERITAGE CLOSE: Plot and Title Map

4 HERITAGE CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 4 HERITAGE 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 4 HERITAGE 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.

Where is 4 HERITAGE CLOSE?

4 HERITAGE CLOSE is located in HOOK NORTON, in the OX15 postcode district. The below map shows the position of No. 4 on HERITAGE CLOSE.