CORNERSTONES, MOLLINGTON, BANBURY, OX17 1AZ - £332,500

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

CORNERSTONES is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £332,500 in November 2010, which was around 4% below the average November 2010 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was E.

CORNERSTONES Sold Prices

Land registry data shows four sales for CORNERSTONES 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. Most of the four CORNERSTONES 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
2010 17 NOV	£332,500	£345,896	4% below HPI
2002 6 DEC	£278,000	£267,134	4% above HPI
2002 7 JAN	£180,000	£217,568	17% below HPI
2000 27 APR	£155,000	£179,973	14% below HPI

CORNERSTONES 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 CORNERSTONES sales between April 2000 and November 2010 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 December 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2010 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is CORNERSTONES?

CORNERSTONES is 93m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% of detached houses in Mollington, based on EPC data. The below chart shows the distribution of detached houses by size in Mollington, and where CORNERSTONES lies on this distribution: 30% of detached houses are smaller than CORNERSTONES, and 70% of houses are larger. Note that EPC data is not available for all properties in Mollington.

CORNERSTONES: Plot and Title Map

CORNERSTONES sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of CORNERSTONES, 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 CORNERSTONES). 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 CORNERSTONES?

CORNERSTONES is located in MOLLINGTON, in the OX17 postcode district. The below map shows the position of CORNERSTONES in MOLLINGTON.