9, CHESTNUT ROAD, MOLLINGTON, BANBURY, OX17 1BG - £325,000

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

9 CHESTNUT ROAD is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £325,000 in February 2024, which was around 40% below the average February 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was C.

9 CHESTNUT ROAD Sold Prices

Land registry data shows two sales for 9 CHESTNUT 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 9 CHESTNUT 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
2024 23 FEB	£325,000	£545,091	40% below HPI
2004 22 OCT	£79,246	£307,792	74% below HPI

9 CHESTNUT 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 9 CHESTNUT ROAD sales from October 2004 and February 2024 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 October 2004 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the February 2024 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 9 CHESTNUT ROAD?

9 CHESTNUT ROAD is 81m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Mollington, based on EPC data. The below chart shows the distribution of detached houses by size in Mollington, and where 9 CHESTNUT ROAD lies on this distribution: 4% of detached houses are smaller than 9 CHESTNUT ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Mollington.

9 CHESTNUT ROAD: Plot and Title Map

9 CHESTNUT ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 9 CHESTNUT 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 9 CHESTNUT 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 9 CHESTNUT ROAD?

9 CHESTNUT ROAD is located in MOLLINGTON, in the OX17 postcode district. The below map shows the position of No. 9 on CHESTNUT ROAD.