CHERRY ORCHARD, SOUTH NEWINGTON, BANBURY, OX15 4JH - £775,000

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

CHERRY ORCHARD is a very small extended detached house of 100m², built sometime before 1900. It was last sold for £775,000 in February 2014, which was around 104% above the average February 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2011, where the current energy rating was G, and the potential energy rating was G.

CHERRY ORCHARD Sold Prices

Land registry data shows two sales for CHERRY ORCHARD 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 CHERRY ORCHARD 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
2014 28 FEB	£775,000	£380,727	104% above HPI
2011 1 AUG	£600,000	£354,848	69% above HPI

CHERRY ORCHARD 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 CHERRY ORCHARD sales from August 2011 and February 2014 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 2011 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the February 2014 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

How Large is CHERRY ORCHARD?

CHERRY ORCHARD is 100m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% 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 CHERRY ORCHARD lies on this distribution: 7% of detached houses are smaller than CHERRY ORCHARD, and 93% of houses are larger. Note that EPC data is not available for all properties in South Newington.

CHERRY ORCHARD: Plot and Title Map

CHERRY ORCHARD sits on a plot of roughly 1.4 acres, or 5,570m². The below map shows the location of CHERRY ORCHARD, 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 CHERRY ORCHARD). 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 CHERRY ORCHARD?

CHERRY ORCHARD is located in SOUTH NEWINGTON, in the OX15 postcode district. The below map shows the position of CHERRY ORCHARD in SOUTH NEWINGTON.