7, THE GLADES, LAUNTON, BICESTER, OX26 5ED - £168,000

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

7 THE GLADES is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £168,000 in October 2003, which was around 39% below the average October 2003 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was B.

7 THE GLADES Sold Prices

Land registry data shows two sales for 7 THE GLADES 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 7 THE GLADES 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
2003 3 OCT	£168,000	£273,986	39% below HPI
2002 4 JUL	£165,000	£238,731	31% below HPI

7 THE GLADES 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 7 THE GLADES sales from July 2002 and October 2003 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 July 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2003 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 THE GLADES?

7 THE GLADES is 84m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Launton, based on EPC data. The below chart shows the distribution of detached houses by size in Launton, and where 7 THE GLADES lies on this distribution: 15% of detached houses are smaller than 7 THE GLADES, and 83% of houses are larger. Note that EPC data is not available for all properties in Launton.

7 THE GLADES: Plot and Title Map

7 THE GLADES sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 7 THE GLADES, 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 THE GLADES). 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 7 THE GLADES?

7 THE GLADES is located in LAUNTON, in the OX26 postcode district. The below map shows the position of No. 7 on THE GLADES.