CHRISTMAS COTTAGE, MAIN STREET, GREAT BOURTON, BANBURY, OX17 1QN - £183,000

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.

CHRISTMAS COTTAGE is a small extended detached house of 118m², built sometime before 1900, which could now be worth an estimated £506,447. It was last sold for £183,000 in August 2001, which was around 11% below the average August 2001 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

CHRISTMAS COTTAGE Sold Prices

Land registry data shows four sales for CHRISTMAS COTTAGE 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 CHRISTMAS COTTAGE sales were for below 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
2001 10 AUG	£183,000	£205,621	11% below HPI
2000 2 JUN	£175,000	£184,344	5% below HPI
1998 11 SEP	£95,000	£141,800	33% below HPI
1996 3 APR	£70,000	£100,946	31% below HPI

CHRISTMAS 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 four CHRISTMAS COTTAGE sales between April 1996 and August 2001 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 June 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2001 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might CHRISTMAS COTTAGE be worth now?

CHRISTMAS COTTAGE might now be worth an estimated £506,447.

This is based on house price inflation of 176.7%, between August 2001 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 176.7% inflationary increase is applied to the most recent sale price for CHRISTMAS COTTAGE of £183,000 on 10th August 2001. For the value to have increased from £183,000 to £506,447 over the 24 years and six months to February 2025, the following assumptions must hold true:

• The value of CHRISTMAS COTTAGE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2001 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of CHRISTMAS COTTAGE has not materially changed since August 2001.

How Large is CHRISTMAS COTTAGE?

CHRISTMAS COTTAGE is 118m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses houses in Great Bourton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Bourton, and where CHRISTMAS COTTAGE lies on this distribution: 35% of detached houses houses are smaller than CHRISTMAS COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Great Bourton.

CHRISTMAS COTTAGE: Plot and Title Map

CHRISTMAS COTTAGE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of CHRISTMAS 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 CHRISTMAS 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 CHRISTMAS COTTAGE?

CHRISTMAS COTTAGE is located on MAIN STREET in GREAT BOURTON, in the OX17 postcode district. The below map shows the position of CHRISTMAS COTTAGE on MAIN STREET.