ASCONA, ORCHARD LANE, UPPER HEYFORD, BICESTER, OX25 5LD - £490,000

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.

ASCONA is a midsized detached house of 132m², built sometime between 1976 and 1982, which could now be worth an estimated £591,449. It was last sold for £490,000 in August 2017, which was around 4% above the average August 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was C.

ASCONA Sold Prices

Land registry data shows two sales for ASCONA 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 ASCONA 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
2017 14 AUG	£490,000	£471,443	4% above HPI
1996 29 MAR	£106,000	£100,428	6% above HPI

ASCONA 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 ASCONA sales from March 1996 and August 2017 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 March 1996 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2017 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might ASCONA be worth now?

ASCONA might now be worth an estimated £591,449.

This is based on house price inflation of 20.7%, between August 2017 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 20.7% inflationary increase is applied to the most recent sale price for ASCONA of £490,000 on 14th August 2017. For the value to have increased from £490,000 to £591,449 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of ASCONA has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2017 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of ASCONA has not materially changed since August 2017.

How Large is ASCONA?

ASCONA is 132m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 50% of detached houses houses in Upper Heyford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Heyford, and where ASCONA lies on this distribution: 45% of detached houses houses are smaller than ASCONA, and 55% of houses are larger. Note that EPC data is not available for all properties in Upper Heyford.

ASCONA: Plot and Title Map

ASCONA sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of ASCONA, 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 ASCONA). 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 ASCONA?

ASCONA is located on ORCHARD LANE in UPPER HEYFORD, in the OX25 postcode district. The below map shows the position of ASCONA on ORCHARD LANE.