BAY COTTAGE, THE CLOSE, GREATWORTH, BANBURY, OX17 2EB - £530,000

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.

BAY COTTAGE is a very large extended detached house of 170m², built sometime before 1900, which could now be worth an estimated £626,322. It was last sold for £530,000 in September 2020, which was around 32% above the average September 2020 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

BAY COTTAGE Sold Prices

Land registry data shows two sales for BAY 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 West Northamptonshire local authority area for the corresponding sale date. Both of the two BAY 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
2020 18 SEP	£530,000	£401,410	32% above HPI
2002 25 APR	£250,000	£178,258	40% above HPI

BAY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The two BAY COTTAGE sales from April 2002 and September 2020 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 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the September 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might BAY COTTAGE be worth now?

BAY COTTAGE might now be worth an estimated £626,322.

This is based on house price inflation of 18.2%, between September 2020 and February 2025, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.2% inflationary increase is applied to the most recent sale price for BAY COTTAGE of £530,000 on 18th September 2020. For the value to have increased from £530,000 to £626,322 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of BAY COTTAGE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The September 2020 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of BAY COTTAGE has not materially changed since September 2020.

How Large is BAY COTTAGE?

BAY COTTAGE is 170m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses houses in Greatworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greatworth, and where BAY COTTAGE lies on this distribution: 82% of detached houses houses are smaller than BAY COTTAGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Greatworth.

BAY COTTAGE: Plot and Title Map

BAY COTTAGE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of BAY 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 BAY 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 BAY COTTAGE?

BAY COTTAGE is located on THE CLOSE in GREATWORTH, in the OX17 postcode district. The below map shows the position of BAY COTTAGE on THE CLOSE.