CORRIEMUIR, UPPER BRAILES, BANBURY, OX15 5AX - £385,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CORRIEMUIR is a small extended detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £525,559. It was last sold for £385,000 in May 2015, which was around 12% below the average May 2015 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

CORRIEMUIR Sold Prices

Land registry data shows two sales for CORRIEMUIR since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. Both of the two CORRIEMUIR 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
2015 21 MAY	£385,000	£437,771	12% below HPI
1995 1 AUG	£90,000	£126,096	29% below HPI

CORRIEMUIR Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two CORRIEMUIR sales from August 1995 and May 2015 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 1995 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might CORRIEMUIR be worth now?

CORRIEMUIR might now be worth an estimated £525,559.

This is based on house price inflation of 36.5%, between May 2015 and December 2024, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.5% inflationary increase is applied to the most recent sale price for CORRIEMUIR of £385,000 on 21st May 2015. For the value to have increased from £385,000 to £525,559 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of CORRIEMUIR has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The May 2015 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of CORRIEMUIR has not materially changed since May 2015.

How Large is CORRIEMUIR?

CORRIEMUIR is 99m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses houses in Upper Brailes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Brailes, and where CORRIEMUIR lies on this distribution: 28% of detached houses houses are smaller than CORRIEMUIR, and 72% of houses are larger. Note that EPC data is not available for all properties in Upper Brailes.

CORRIEMUIR: Plot and Title Map

CORRIEMUIR sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of CORRIEMUIR, 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 CORRIEMUIR). 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 CORRIEMUIR?

CORRIEMUIR is located in UPPER BRAILES, in the OX15 postcode district. The below map shows the position of CORRIEMUIR in UPPER BRAILES.