CLEVELAND, CROW LANE, GREAT BOURTON, BANBURY, OX17 1RL - £445,000

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

CLEVELAND is a large extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £445,000 in May 2016, which was around 6% below the average May 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

CLEVELAND Sold Prices

Land registry data shows two sales for CLEVELAND 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 CLEVELAND 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
2016 6 MAY	£445,000	£472,569	6% below HPI
2011 15 AUG	£259,450	£354,848	27% below HPI

CLEVELAND 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 CLEVELAND sales from August 2011 and May 2016 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2016 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is CLEVELAND?

CLEVELAND is 156m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 30% of detached houses in Great Bourton, based on EPC data. The below chart shows the distribution of detached houses by size in Great Bourton, and where CLEVELAND lies on this distribution: 74% of detached houses are smaller than CLEVELAND, and 26% of houses are larger. Note that EPC data is not available for all properties in Great Bourton.

CLEVELAND: Plot and Title Map

CLEVELAND sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of CLEVELAND, 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 CLEVELAND). 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 CLEVELAND?

CLEVELAND is located on CROW LANE in GREAT BOURTON, in the OX17 postcode district. The below map shows the position of CLEVELAND on CROW LANE.