BUSH HOUSE LODGE, WIGGINTON ROAD, SOUTH NEWINGTON, BANBURY, OX15 4JR - £950,000

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

BUSH HOUSE LODGE is a very small extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £950,000 in July 2023, which was around 71% above the average July 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

BUSH HOUSE LODGE Sold Prices

Land registry data shows two sales for BUSH HOUSE LODGE 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 BUSH HOUSE LODGE 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
2023 20 JUL	£950,000	£556,617	71% above HPI
2020 31 JUL	£687,000	£484,658	42% above HPI

BUSH HOUSE LODGE 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 BUSH HOUSE LODGE sales from July 2020 and July 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 July 2020 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2023 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is BUSH HOUSE LODGE?

BUSH HOUSE LODGE is 125m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in South Newington, based on EPC data. The below chart shows the distribution of detached houses by size in South Newington, and where BUSH HOUSE LODGE lies on this distribution: 17% of detached houses are smaller than BUSH HOUSE LODGE, and 83% of houses are larger. Note that EPC data is not available for all properties in South Newington.

BUSH HOUSE LODGE: Plot and Title Map

BUSH HOUSE LODGE sits on a plot of roughly 5.6 acres, or 22,522m². The below map shows the location of BUSH HOUSE LODGE, 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 BUSH HOUSE LODGE). 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 BUSH HOUSE LODGE?

BUSH HOUSE LODGE is located on WIGGINTON ROAD in SOUTH NEWINGTON, in the OX15 postcode district. The below map shows the position of BUSH HOUSE LODGE on WIGGINTON ROAD.