BROOK COTTAGE, PARK ROAD, HOOK NORTON, BANBURY, OX15 5PX - £695,000

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.

BROOK COTTAGE is a large extended detached house of 145m², built sometime before 1900, which could now be worth an estimated £712,646. It was last sold for £695,000 in August 2022, which was around 25% above the average August 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was C.

BROOK COTTAGE Sold Prices

Land registry data shows two sales for BROOK 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 BROOK 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
2022 22 AUG	£695,000	£554,960	25% above HPI
2003 26 SEP	£310,000	£277,225	12% above HPI

BROOK 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 BROOK COTTAGE sales from September 2003 and August 2022 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 September 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might BROOK COTTAGE be worth now?

BROOK COTTAGE might now be worth an estimated £712,646.

This is based on house price inflation of 2.5%, between August 2022 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 2.5% inflationary increase is applied to the most recent sale price for BROOK COTTAGE of £695,000 on 22nd August 2022. For the value to have increased from £695,000 to £712,646 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of BROOK COTTAGE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2022 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of BROOK COTTAGE has not materially changed since August 2022.

How Large is BROOK COTTAGE?

BROOK COTTAGE is 145m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hook Norton, and where BROOK COTTAGE lies on this distribution: 71% of detached houses houses are smaller than BROOK COTTAGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

BROOK COTTAGE: Plot and Title Map

BROOK COTTAGE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of BROOK 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 BROOK 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 BROOK COTTAGE?

BROOK COTTAGE is located on PARK ROAD in HOOK NORTON, in the OX15 postcode district. The below map shows the position of BROOK COTTAGE on PARK ROAD.