8, THE SHEARINGS, HOOK NORTON, BANBURY, OX15 5PT - £135,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 THE SHEARINGS is a very small semi-detached house of 49m², built sometime between 1976 and 1982. It was last sold for £135,000 in June 2002, which was around 41% below the average June 2002 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

8 THE SHEARINGS Sold Prices

Land registry data shows four sales for 8 THE SHEARINGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 8 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
2002 16 JUN	£135,000	£230,554	41% below HPI
2001 28 SEP	£118,500	£210,270	44% below HPI
2000 27 JAN	£105,000	£171,517	39% below HPI
1995 15 SEP	£58,500	£98,206	40% below HPI

8 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 four 8 THE SHEARINGS sales between September 1995 and June 2002 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 September 2001 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2002 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8 THE SHEARINGS?

8 THE SHEARINGS is 49m² according to the EPC inspection conducted in July 2019. 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 8 THE SHEARINGS lies on this distribution: 1% of detached houses are smaller than 8 THE SHEARINGS, and 99% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

8 THE SHEARINGS: Plot and Title Map

8 THE SHEARINGS sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 8 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 8 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 8 THE SHEARINGS?

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