6, THE SHEARINGS, HOOK NORTON, BANBURY, OX15 5PT - £215,000

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

6 THE SHEARINGS is a very small detached house of 46m², built sometime between 1991 and 1995. It was last sold for £215,000 in October 2014, which was around 48% below the average October 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

6 THE SHEARINGS Sold Prices

Land registry data shows three sales for 6 THE SHEARINGS since 1^st 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 6 THE SHEARINGS 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 31 OCT	£215,000	£414,316	48% below HPI
2003 2 OCT	£173,000	£273,986	37% below HPI
1996 9 FEB	£68,500	£98,163	30% below HPI

6 THE SHEARINGS 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 three 6 THE SHEARINGS sales between February 1996 and October 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 October 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2014 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 6 THE SHEARINGS?

6 THE SHEARINGS is 46m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% 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 6 THE SHEARINGS lies on this distribution: 1% of detached houses are smaller than 6 THE SHEARINGS, and 99% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

6 THE SHEARINGS: Plot and Title Map

6 THE SHEARINGS sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 6 THE SHEARINGS, 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 6 THE SHEARINGS). 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 6 THE SHEARINGS?

6 THE SHEARINGS is located in HOOK NORTON, in the OX15 postcode district. The below map shows the position of No. 6 on THE SHEARINGS.