8, THE GREEN, SHUTFORD, BANBURY, OX15 6PJ - £305,000

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 THE GREEN is a small detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £526,219. It was last sold for £305,000 in May 2011, which was around 8% below the average May 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2011, where the current energy rating was F, and the potential energy rating was D.

8 THE GREEN Sold Prices

Land registry data shows two sales for 8 THE GREEN 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 THE GREEN 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
2011 20 MAY	£305,000	£329,825	8% below HPI
2003 10 JAN	£213,000	£267,858	20% below HPI

8 THE GREEN 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 THE GREEN sales from January 2003 and May 2011 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 January 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2011 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 8 THE GREEN be worth now?

8 THE GREEN might now be worth an estimated £526,219.

This is based on house price inflation of 72.5%, between May 2011 and February 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 72.5% inflationary increase is applied to the most recent sale price for 8 THE GREEN of £305,000 on 20th May 2011. For the value to have increased from £305,000 to £526,219 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 8 THE GREEN has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The May 2011 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE GREEN has not materially changed since May 2011.

How Large is 8 THE GREEN?

8 THE GREEN is 99m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses houses in Shutford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shutford, and where 8 THE GREEN lies on this distribution: 27% of detached houses houses are smaller than 8 THE GREEN, and 73% of houses are larger. Note that EPC data is not available for all properties in Shutford.

8 THE GREEN: Plot and Title Map

8 THE GREEN sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 8 THE GREEN, 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 THE GREEN). 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 THE GREEN?

8 THE GREEN is located in SHUTFORD, in the OX15 postcode district. The below map shows the position of No. 8 on THE GREEN.