CHANCE, BANBURY HILL, SHUTFORD, BANBURY, OX15 6PE - £1,100,000

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

CHANCE is a very large detached house of 328m², built sometime between 1991 and 1995. It was last sold for £1,100,000 in November 2021, which was around 114% above the average November 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

CHANCE Sold Prices

Land registry data shows four sales for CHANCE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four CHANCE 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
2021 2 NOV	£1,100,000	£513,311	114% above HPI
2017 4 AUG	£853,000	£478,392	78% above HPI
2016 29 JUN	£852,300	£470,621	81% above HPI
2008 9 MAY	£685,000	£353,064	94% above HPI

CHANCE 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 four CHANCE sales between May 2008 and November 2021 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 August 2017 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the November 2021 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

How Large is CHANCE?

CHANCE is 328m² according to the EPC inspection conducted in September 2010. This puts it in the largest 10% of detached houses in Shutford, based on EPC data. The below chart shows the distribution of detached houses by size in Shutford, and where CHANCE lies on this distribution: 98% of detached houses are smaller than CHANCE, and 2% of houses are larger. Note that EPC data is not available for all properties in Shutford.

CHANCE: Plot and Title Map

CHANCE sits on a plot of roughly 0.313 of an acre, or 1,266m². The below map shows the location of CHANCE, 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 CHANCE). 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 CHANCE?

CHANCE is located on BANBURY HILL in SHUTFORD, in the OX15 postcode district. The below map shows the position of CHANCE on BANBURY HILL.