AMARE COTTAGE, MOLLINGTON, BANBURY, OX17 1AY - £550,000

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

AMARE COTTAGE is a very large extended detached house of 199m², built sometime between 1976 and 1982. It was last sold for £550,000 in August 2015, which was around 24% above the average August 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was A.

AMARE COTTAGE Sold Prices

Land registry data shows two sales for AMARE COTTAGE 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 AMARE COTTAGE sales were for above 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
2015 19 AUG	£550,000	£443,249	24% above HPI
2001 21 AUG	£280,000	£208,652	34% above HPI

AMARE COTTAGE 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 AMARE COTTAGE sales from August 2001 and August 2015 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 August 2001 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is AMARE COTTAGE?

AMARE COTTAGE is 199m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 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 AMARE COTTAGE lies on this distribution: 91% of detached houses are smaller than AMARE COTTAGE, and 9% of houses are larger. Note that EPC data is not available for all properties in Mollington.

AMARE COTTAGE: Plot and Title Map

AMARE COTTAGE sits on a plot of roughly 0.390 of an acre, or 1,580m². The below map shows the location of AMARE COTTAGE, 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 AMARE COTTAGE). 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 AMARE COTTAGE?

AMARE COTTAGE is located in MOLLINGTON, in the OX17 postcode district. The below map shows the position of AMARE COTTAGE in MOLLINGTON.