AROSFA, MERE ROAD, FINMERE, BUCKINGHAM, MK18 4AR - £550,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

AROSFA is a very small detached house of 113m², built sometime between 1991 and 1995. It was last sold for £550,000 in October 2023, which was about the average October 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

AROSFA Sold Prices

Land registry data shows two sales for AROSFA 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. One of the two AROSFA sales was roughly equal to the average price, whilst the other was 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
2023 6 OCT	£550,000	£552,498	Close to HPI
2007 13 APR	£310,000	£331,206	6% below HPI

AROSFA 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 AROSFA sales from April 2007 and October 2023 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 April 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is AROSFA?

AROSFA is 113m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Finmere, based on EPC data. The below chart shows the distribution of detached houses by size in Finmere, and where AROSFA lies on this distribution: 5% of detached houses are smaller than AROSFA, and 95% of houses are larger. Note that EPC data is not available for all properties in Finmere.

AROSFA: Plot and Title Map

AROSFA sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of AROSFA, 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 AROSFA). 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 AROSFA?

AROSFA is located on MERE ROAD in FINMERE, in the MK18 postcode district. The below map shows the position of AROSFA on MERE ROAD.