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
7 HIGH ACRES is a large extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £255,000 in July 2012, which was around 26% below the average July 2012 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 HIGH ACRES since 1st 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 7 HIGH ACRES 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 |
---|---|---|---|
2012 6 JUL | £255,000 | £344,544 | 26% below HPI |
1999 20 AUG | £81,000 | £157,659 | 49% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 7 HIGH ACRES sales from August 1999 and July 2012 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 1999 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the July 2012 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
7 HIGH ACRES is 133m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 7 HIGH ACRES lies on this distribution: 76% of detached houses are smaller than 7 HIGH ACRES, and 24% of houses are larger. Note that EPC data is not available for all properties in Banbury.
7 HIGH ACRES sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 7 HIGH ACRES, 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 7 HIGH ACRES). 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.
7 HIGH ACRES is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 7 on HIGH ACRES.