8, RECTORY ROAD, HOOK NORTON, BANBURY, OX15 5QQ - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 RECTORY ROAD is a midsized extended detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £452,925. It was last sold for £390,000 in January 2021, which was around 21% below the average January 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was C.

8 RECTORY ROAD Sold Prices

Land registry data shows two sales for 8 RECTORY ROAD 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 8 RECTORY ROAD 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 7 JAN	£390,000	£492,007	21% below HPI
2007 6 JUL	£295,000	£345,159	15% below HPI

8 RECTORY ROAD 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 8 RECTORY ROAD sales from July 2007 and January 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 July 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 8 RECTORY ROAD be worth now?

8 RECTORY ROAD might now be worth an estimated £452,925.

This is based on house price inflation of 16.1%, between January 2021 and March 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 8 RECTORY ROAD of £390,000 on 7th January 2021. For the value to have increased from £390,000 to £452,925 over the three years and ten months to March 2025, the following assumptions must hold true:

• The value of 8 RECTORY ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The January 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RECTORY ROAD has not materially changed since January 2021.

How Large is 8 RECTORY ROAD?

8 RECTORY ROAD is 121m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 50% of detached houses houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hook Norton, and where 8 RECTORY ROAD lies on this distribution: 47% of detached houses houses are smaller than 8 RECTORY ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

8 RECTORY ROAD: Plot and Title Map

8 RECTORY ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 8 RECTORY ROAD, 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 8 RECTORY ROAD). 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 8 RECTORY ROAD?

8 RECTORY ROAD is located in HOOK NORTON, in the OX15 postcode district. The below map shows the position of No. 8 on RECTORY ROAD.